Cabinet of Thailand allocates Bt20 billion for rice payments to farmers

BANGKOK, Feb 25 – The caretaker Cabinet today approved Bt20 billion from the central fund for overdue payments to farmers from the rice pledging scheme.

The National Rice Policy Committee (NRPC) reportedly informed the Cabinet that Bt20 billion would be borrowed from the central fund pending Finance Ministry bond sales which would take at least two months to complete and Commerce Ministry revenue from rice sales.

Read more: MCOT