Financial Times FT.com

Thailand to buy 40% more rice from farmers

By Amy Kazmin in Bangkok

Published: September 6 2008 03:03 | Last updated: September 6 2008 03:03

Thailand’s struggling government has agreed to buy 40 per cent more rice from farmers this year, a decision that could boost its popularity among rural voters as it prepares to face a national referendum aimed at ending an unprecedented siege of the prime minister’s offices.

The plan calls for the government to buy 3.5m tonnes of unprocessed paddy rice from farmers at a guaranteed price, up from an original planned 2.5m tonnes, the Thai news agency reported on Friday.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this