Thai govt bank loan not enough to pay off rice programme debt


  • World
  • Sunday, 16 Feb 2014

By Panarat Thepgumpanat and Apornrath Phoonphongphiphat

BANGKOK (Reuters) - A loan given to the government bank operating a controversial and expensive rice programme could temporarily ease pressure on Thailand's prime minister, but it is a fraction of the sum needed to settle a 130 billion baht ($3.99 billion) debt owed to up to a million farmers.

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