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Thailand: A THB 152 billion subsidies provided to rice farmers

Description

On 23 August 2021, the Cabinet of Thailand provided THB 89 billion (USD 2.67 billion) for the rice price guarantee scheme for 2021/2022. Under the scheme, the price of rice would be guaranteed at THB ...

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Intervention Details

Intervention Type

Price stabilisation

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Oct 2021

Revocation date

31 May 2022

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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