Kittiratt: Rice pledging price may drop

There is a possibility the crop pledging price of rice could be reduced from the current 15,000 baht per tonne for ordinary rice, Finance Minister Kittiratt Na-Ranong said on Thursday.

  • Published: 13/06/2013 at 02:09 PM
  • Newspaper section: breakingnews

He said the set price was suitable when the government first implemented the programme.

But it is no longer a suitable price, he said, since the baht’s strength had caused operational losses to the scheme.

Mr Kittiratt said the government will carefully consider all related information and data before making any change to the pledging price.

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