The Finance Ministry postponed the bridging-loan auction yesterday to borrow from banks to repay unpaid rice farmers until today after submitting a letter of invitation to financial institutions, says a ministry source.
Government Savings Bank labour union members and staff wear black to show opposition to the state-owned bank making loans to the rice pledging scheme. Apichart Jinakul
Despite the Council of State's opinion that the Finance Ministry can proceed with the 130-billion-baht borrowing plan, banks remain concerned about the legitimacy of the deal.
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