gotlost
Kap Chong R Us Member
Sisaket province to pay out some farmers today
SISAKET, 5 June 2014 (NNT) -The Bank for Agriculture and Agricultural Cooperatives (BAAC) in Sisaket, expects to pay another 70 million baht today before moving onto the second round payments, valued at 1,100 million baht, next week.
The Director of the Sisaket BAAC expects to finish making the 8-month overdue payments from the rice pledging scheme of 2013/2014, today. The farmers have been anxiously awaiting their payments from the 70 million baht allocation since it was recently made available. In Sisaket province, there are 83,000 farmers in the rice pledging scheme, meaning a total volume of 6,700 million baht in payments. 4,500 farmers are now paid while the others are waiting for further funds to be made available by the National Council for Peace and Order (NCPO).
The BAAC Director in Sisaket said that the bank had paid farmers all of the first budget of 1,500 million baht, which had been approved by the NCPO, within a week. Now, the bank is contacting farmers to receive their second payments next week. The second amount of funding, valued at 1,100 million baht, is being lent by the Government Savings Bank.
-- NNT 2014-06-06
SISAKET, 5 June 2014 (NNT) -The Bank for Agriculture and Agricultural Cooperatives (BAAC) in Sisaket, expects to pay another 70 million baht today before moving onto the second round payments, valued at 1,100 million baht, next week.
The Director of the Sisaket BAAC expects to finish making the 8-month overdue payments from the rice pledging scheme of 2013/2014, today. The farmers have been anxiously awaiting their payments from the 70 million baht allocation since it was recently made available. In Sisaket province, there are 83,000 farmers in the rice pledging scheme, meaning a total volume of 6,700 million baht in payments. 4,500 farmers are now paid while the others are waiting for further funds to be made available by the National Council for Peace and Order (NCPO).
The BAAC Director in Sisaket said that the bank had paid farmers all of the first budget of 1,500 million baht, which had been approved by the NCPO, within a week. Now, the bank is contacting farmers to receive their second payments next week. The second amount of funding, valued at 1,100 million baht, is being lent by the Government Savings Bank.
-- NNT 2014-06-06