Kittiratt offers apology, says rice farmer payments coming soon | Bangkok Post: business

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Kittiratt offers apology, says rice farmer payments coming soon

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Caretaker Finance Minister Kittiratt Na-Ranong says rice farmers will be paid for their pledged paddy within seven days, blaming the late payments on the ongoing anti-government protests. 

"The occupation of the Finance Ministry, the Budget Bureau and the Comptroller-General's Department by demonstrators for three weeks has delayed budget disbursement including payments to farmers in the rice pledging scheme," said Mr Kittiratt, also a caretaker deputy prime minister.

He defended the Bank for Agriculture and Agricultural Cooperatives (BAAC) over its lack of liquidity, saying the Budget Bureau and the Public Debt Management Office (PDMO) failed during the period to transfer money to the bank.

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