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518b baht lost under Yingluck's rice subsidy scheme: finance ministry

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Published Fri, Nov 14, 2014 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Bangkok

    A RICE subsidy scheme introduced by Thailand's ousted prime minister Yingluck Shinawatra was found to have lost 518 billion baht (S$20.5 billion), the finance ministry said.

    The scheme, which paid farmers above-market rates for their crop, helped bring Yingluck to power in a landslide election in 2011 due to support from farmers mostly in the country's north and north-east.

    ThailandRice

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