News from the Fiscal Policy Office of the Ministry of Finance indicated that financial net lost for the MOF due to rice grain price pledging project for fiscal year 2011-2012 was estimated 'only' around 76.377 billion Bahts. There was 21.6 million tons of rice grain in the last year project. The estimated lost was based on a projection of selling the grain stock within 1 year.
Note: The pledging policy is highly criticized by some economists, including scholars from TDRI
Ref: Manager Online News
No comments:
Post a Comment