Economy

Controversial Rice Scheme Risks Thai Ruling Party's Popularityi
X
February 06, 2014 5:27 PM
Thailand's unfinished election means the current caretaker government cannot create any new debt, leaving rice farmers owed billions of dollars as part of a budget-busting, controversial subsidy program. The ruling party campaigned on the subsidy plan, which analysts now say has become a spectacular failure. VOA's Daniel Schearf reports from Bangkok.

Controversial Rice Scheme Risks Thai Ruling Party's Popularity

Published February 06, 2014

Thailand's unfinished election means the current caretaker government cannot create any new debt, leaving rice farmers owed billions of dollars as part of a budget-busting, controversial subsidy program. The ruling party campaigned on the subsidy plan, which analysts now say has become a spectacular failure. VOA's Daniel Schearf reports from Bangkok.


You May Like

For Lebanon-based Refugees, Desperation Fuels Perilous Passage

In a war that has caused an estimated three million people to flee Syria, efforts to make perilous sea journey in search of asylum expected to increase More

South African Brewer Tackles Climate Change

Mega-brewer SAB Miller sent delegates to climate summit in Peru, says it is one of many private companies taking their own steps to fight climate change More

Indonesia Reports Increase in Citizens Joining Islamic State

Officials say more than 350 of its citizens are now in Syria or Iraq to fight with Islamic State - 50 more than last month More