Thailand’s Election Commission (EC) on March 4 approved the caretaker Government’s request on disbursing 20 billion baht (615 million USD) sourced from the Central Fund to pay farmers long-overdue debts under the rice-pledging scheme.
The Thai Government must repay all the money before May 31, EC member Somchai Srisuthiyakorn was quoted by the Bangkok Post as saying. The payment must not impose a financial burden on the next administration, he added.
This is the second time the EC has given the Thai Government the green light to use part of the contingency fund to make long-overdue rice payments.
On February 25 , the disbursement of 712 million baht (21.9 million USD) from the Central Fund was also approved by the EC to pay 3,971 farmers in five provinces.
The Government still owes over 100 billion baht (3.07 billion USD) to around 1 million farmers nationwide.-VNA
The Thai Government must repay all the money before May 31, EC member Somchai Srisuthiyakorn was quoted by the Bangkok Post as saying. The payment must not impose a financial burden on the next administration, he added.
This is the second time the EC has given the Thai Government the green light to use part of the contingency fund to make long-overdue rice payments.
On February 25 , the disbursement of 712 million baht (21.9 million USD) from the Central Fund was also approved by the EC to pay 3,971 farmers in five provinces.
The Government still owes over 100 billion baht (3.07 billion USD) to around 1 million farmers nationwide.-VNA
