The awful truth about rice pledging will out | Bangkok Post: opinion

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The awful truth about rice pledging will out

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The controversial rice-pledging scheme has caused a bad stink. While there is escalating pressure for the government to clarify the scale of the losses suffered by the programme, following warnings by Moody's Investors Service that they might threaten the country's credit rating, the ministers involved have remained tight-lipped. 

Last week's press conference, aimed at easing public concerns and chaired by Commerce Minister Boonsong Teriyapirom, was extremely frustrating for reporters.

Mr Boonsong failed to provide any significant details about the losses or clarify the status of the troubled scheme.

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