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Thai Rice Farmers Face Debt Crisis as Political Support Wanes

Sixty-nine-year-old Chaon Taiupok spends his days calculating how to survive a season defined by soaring fertilizer costs and falling rice prices. For thousands of rural Thai families, this arithmetic no longer adds up, transforming a personal financial struggle into a potent political liability for the government.

Thai Rice Farmers Face Debt Crisis as Political Support Wanes

The economic strain currently gripping the agricultural sector is visible in the dwindling support for Prime Minister Anutin Charnvirakul. A recent poll conducted by Suan Dusit University underscores a sharp erosion of public confidence in the administration’s handling of the economy. Farmers report that despite state-sponsored subsidy programs and various stimulus measures, they remain locked in a cycle of mounting debt.

International market volatility, particularly regarding fuel and energy, has tightened the margins for growers who were already struggling to meet basic living expenses. As the government faces mounting pressure to deliver on its promises of economic revival, the disconnect between policy initiatives and the reality in the rice paddies continues to widen. If the current trend holds, the administration risks losing the rural base that has historically served as a pillar of its political stability.

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