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Global Trade Alert

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Thailand: A THB 152 billion subsidies provided to rice farmers

Description

On 23 August 2021, the Cabinet of Thailand increased the interest payment subsidy to rice farmers from THB 500 million (USD 15.8 million) (see related act) to THB 7.76 billion (USD 232.3 million) inte...

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Intervention Details

Intervention Type

Interest payment subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Aug 2021

Revocation date

31 Oct 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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