The waiting pledge | Bangkok Post: opinion

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The waiting pledge

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Now that there is a mad scramble to find suitable storage for all the rice the government wants to store, we now know the reason it needs to be stored. 

The commerce minister is waiting for the price of rice on the world market to catch up with the price of rice that the government needs in order for the rice pledging scam to work.

''The reason the government had to store the pledged rice for the time being was not because it had a problem with exporting the product but because it needed to wait until rice prices improved in the world market,'' said the commerce minister.

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