Finance Ministry assures farmers overdue payments will be madeBy Digital Content | 7 ก.พ. 2557 14:12 | 609 views | View Comment
BANGKOK, Feb 7 – The Finance Ministry has prepared a plan to secure loans for Bt130 billion overdue payments to farmers from the rice pledging scheme but it would be kept confidential, a senior ministry official said today.
Rangsan Srivorasart, Permanent Secretary for Finance, said he would not disclose the plan for fear of obstruction by political opponents, adding that all commercial banks sympathised with the farmers and would be willing to assist, but without affecting their businesses.
There are several options in finding financial sources including borrowing through normal channels, he said, adding that it was rather impossible for commercial banks to offer a double-digit interest for loans as widely reported.
The Finance Ministry complex was reopened under tight security this morning after being blockaded by anti-government protesters since Jan 13.
Mr Rangsan said the closure has delayed the ministry’s services, especially tax refunds to the public, but budget reimbursements at less than Bt1 billion were not disrupted. (MCOT online news)
Thai stock index falls 10.02 points or 0.63% to close at 1,588.31, value Bt57,749 mln
26-Jan-2015 16:36 | 65 views
Thai Airways International won't go bankrupt: PM
26-Jan-2015 16:17 | 143 views
Bt40 billion to be injected for farmers, graduates
26-Jan-2015 16:05 | 100 views
US Assistant Secretary of State meets ex-PM Yingluck
26-Jan-2015 14:58 | 167 views