Council of State to rule on farmers' fund, debts help
Hundreds of indebted farmers camp outside the Government House yesterday waiting for the government’s decision on how to help them wipe off their debts.
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The Cabinet will wait for the Council of State's ruling on the Farmers' Rehabilitation and Development Fund (FRDF) administration to tackle the long-standing debt crisis, government spokesman Yongyuth Mayalarp said yesterday.
The Cabinet meeting yesterday decided on this course of action as the FRDF was plagued with serious administration problems, said Yongyuth. The Cabinet assigned the Agriculture and Cooperatives Ministry to submit an explanatory report for the Council of State's consideration, he said. Yongyuth said Prime Minister Surayud Chulanont had also urged the Cabinet meeting to make haste in solving these problems. The Agriculture and Cooperatives Ministry said that it would ask the council to rule on who was authorised to transfer Bt900 million to the FRDF's Bt1.2-billion fund to keep buying farmers' debts from moneylenders, following Monday's protest by some 1,000 indebted farmers outside the ministry office.
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