BAAC spells relief for tired farmers | Bangkok Post: business

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BAAC spells relief for tired farmers

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The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) is set to extend its existing relief package including rescheduling debt repayment periods by one year in order to ease the burden for unpaid farmers in the rice-pledging scheme. 

It also plans to offer new credit lines to the farmers, said executive vice-president Somsak Kangteerawat.

The measures are expected to be announced in the next few days.

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