BAAC ready to dish out farmer cash | Bangkok Post: news

News >

BAAC ready to dish out farmer cash

Aid to begin flowing this week, boss says

- +

The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) plans to begin using proceeds from specialised assistance funds to pay farmers once the total reaches 1 billion baht as expected by tomorrow, president Luck Wajananawat said on Monday. 

Luck: Alleviating farmers’ burden

After a series of failed borrowing plans to pay more than 1 million farmers for their pledged rice (due to the government's fragile caretaker status), the BAAC launched three aid funds for farmers with an aim to raise 20 billion baht.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

2 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments