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Thailand: Government announced the Corn Insurance Plan budget for the year 2023 and other subsidies

Description

On 14 March 2023, the Thai Cabinet approved the budget for the Corn Insurance Plan, which covered damages due to natural disasters for the year 2023. The new budget was set at THB 716 million (USD 24....

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Nov 2022

Revocation date

30 Apr 2023

Implementation level

NFI

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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