Thai rice pledge program

Integrated Thai media August 14 news, Thailand's State Department’s executive vice president Barnara revealed recently that the government rice warehouse stores 18 million tons of rice, of which about 3 million tons of quality can only be used to make ethanol, not food .

Banara, who also serves as the head of the Mi-chan investigation team, has spent the past month or so on depositing rice and rice warehouses.

He recently stated that if the above 3 million tons of degraded rice is sold, it must be sold. The winning bidder has to hire a professional company to improve the quality, which is estimated to cost 2,500 to 3,000 baht per ton.

Due to the degradation of rice quality, the official will lose more than 51 billion baht because of the sale, and it must be used as evidence to sue for the officials involved in the fraud and rice mill owners.

Before the British government, the government implemented a rice mortgage plan for more than two years. It used a budget of 990 billion baht, and estimated losses of 500 billion baht.

The Ministry of Finance’s deputy director and director of the pawn settlement team, Lan Lan, said recently that the settlement team will meet this week and a working group will be organized to follow up on the information obtained by the rice investigation team in Banara.

Lancome said that the settlement team, led by the former deputy chief of the Ministry of Finance Supai Ren, estimated that the loss was over 300 billion baht. However, the overall loss is more than 500 billion baht estimated by academics, and it is necessary to clear out the income from all the saved rice in order to have certain data.