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Abhisit questions Thai rice policy, infrastructure loan

He says it's unfair govt hasn't revealed details about the various projects' feasibility and costs

Singapore

FORMER Thai prime minister Abhisit Vejjajiva has hit out at the current government's controversial rice pledging scheme and its decision to borrow two trillion baht (S$79.5 billion) to finance infrastructure projects in South-east Asia's second-largest economy.

Speaking at an event in Singapore yesterday, the 49-year-old opposition leader warned that these two policies of Prime Minister Yingluck Shinawatra's administration "could undermine Thailand's economic and political prospects" in the years to come.

The Oxford-educated politician was the guest speaker at the latest instalment of the International Institute for Strategic Studies' Fullerton Lecture series, which took place at the Fullerton...

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