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Thailand Tallies Billions in Rice Program Losses

Thailand’s former Prime Minister Yingluck Shinawatra remains under legal scrutiny for failing to stop massive losses and corruption in the country’s controversial rice price support scheme. The Thai Finance Ministry estimates that the country has spent more than $21 billion to support rice price programs by various governments over the past decade. The government-backed rice price support scheme launched by Yingluck and her Pheu Thai Party proved an election winner at the 2011 national...

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