Controversial Rice Scheme Risks Thai Ruling Party's Popularity
Channel: GaiusThyrsus
Date: 2014-02-06

BANGKOK — Thailand's unfinished election means the current caretaker government cannot create any new debt, leaving rice farmers owed billions of dollars as part of a budget-busting, controversial subsidy program. The ruling party campaigned on the subsidy plan, which analysts now say has become a spectacular failure.