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Cabinet approves B55bn in rice price support

Farmers who agree to store paddy until February eligible for loans to tide them over

Farmers harvest rice in a field in Chai Nat province on August 31 this year. (Photo: Reuters)

The cabinet on Tuesday approved 55 billion baht worth of measures to stabilise paddy rice prices, as the government seeks to support farmers hurt by low prices.

The measures consist mainly of loans to farmers to delay sales of paddy rice for five…

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