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Farmers to get 46 billion baht soft loans to delay rice selling

Bank for Agriculture Thailand (BAAC)

Bank for Agriculture Thailand (BAAC).

The Bank for Agriculture band Agricultural Cooperatives (BAAC) says it has set aside over 46 billion baht soft loan to extend to farmers to delay the selling of their paddy.

The loan extension is part of the government’s effort to help farmers who are currently facing falling rice prices to hold off selling their crops, in order to bolster prices.

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