Thai gets $600m from ADB

Wed, 10 Feb 1999, 00:00 WIB | Source: AP

BANGKOK (AP): Thailand has signed an initial agreement with
the Asian Development Bank for a US$600 million loan to help the
country's ailing agricultural sector, an ADB senior official said
Tuesday.

The loan is an expanded version of an earlier ADB loan
commitment worth $250 million to boost the agricultural sector's
export competitiveness and long term growth prospects, the
official said.

Thailand is the world's largest rice and rubber exporter and
among the leaders in sugar and some other commodities.

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