In the News (Thailand): Sufficiency economy can solve poverty problem
The only way to solve the poverty problems in rural areas is to adopt His Majesty the King’s sufficiency economy. This approach not only solves the poverty problem, it also helps reduce farmers’ accumulated debts as well as promoting unity in the community,” said Ennu Suesuwan, executive vice president of the Bank for Agriculture and Agriculture Cooperatives as reported by Thai Rath.
Mr Ennu expressed his thoughts to the media while leading a group on a visit to a sufficiency economy village at tambon Nong Sarai, Phanom Thuan district, Kanchanaburi, which received His Majesty’s trophy for outstanding achievement.
After the village adopted the sufficiency economy principle, within a few years the villagers had risen above the poverty line.
