Kittiratt says rice scheme losses won't reach B300bn | Bangkok Post: news

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Kittiratt says rice scheme losses won't reach B300bn

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  • Newspaper section: News
  • Writer: Phusadee Arunmas & Parista Yuthamanop
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Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong has insisted the government's rice pledging will not incur losses of up to 300 billion baht as critics claim, and says he is ready to clarify the scheme. 

Mr Kittiratt's remarks yesterday were in response to a research study by the Thailand Development Research Institute (TDRI). The study claimed that the rice pledging scheme would swell public debt and hurt the country's economy.

The TDRI was behind the Democrat-led government's rice price guarantee scheme, so the institute's criticism of the Pheu Thai-led government's policy is to be expected, he said.

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