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Thailand: Government announced the Rice Insurance Plan budget for the year 2023

Description

On 20 March 2023, the Thai Cabinet approved the budget for the Rice Insurance Plan, which covered damages due to natural disasters for the year 2023. The new budget was set at 1.647 billion (USD 48.24...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 May 2023

Revocation date

31 Dec 2023

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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