Finance Minister Defends Rice Subsidy Scheme

Finance Minister Defends Rice Subsidy Scheme

  BANGKOK – Thailand’s finance minister has mounted a strong defence of a much-criticised official rice subsidy scheme, saying it can continue indefinitely even though its multibillion-dollar annual cost is widely seen as undermining confidence in the country’s economy. Kittiratt Na-Ranong said the two-year-old rice-buying programme – which has just been renewed for another year […]