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Global Trade Alert

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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 a THB 1 billion (USD 29.23 million) loan facility for certain farmers. A part of the budget will support animal feed producers to purchase maize from Thai g...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

14 Mar 2023

Revocation date

30 Jun 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

sector-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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