strengthening the microfinance platform as a way to combat poverty in thailand
TRANSCRIPT
Economic Trends Are Improving across the Globe,
Poverty rate steadily declined during the years 1988 to 2008, dropping from 33.8% to 9.0%.
But in Thailand, pockets of disparity in certain regions remain.
Poverty rate remains high for those living in the northeast region of the country.
More than half of the total household income in the hands of 20% of the families.
The government is committed to creating strategies to lift the economic status of all citizens.
And believes the key solution lies in a stronger microfinance infrastructure.Strengthening microfinance systems as a way to combat poverty,
is based on the premise that access to financial services can improve economic condition.
Find more reasons, the Thailand government is focusing on building up its microfinance platform
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