Global Trade Alert
Global Trade Alert

Thailand: A THB 152 billion subsidies provided to rice farmers

Announcement

23 Aug 2021

In August 2021, the Cabinet of Thailand approved subsidies for rice farmers worth THB 152 billion (USD 4.55 billion).

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Nov 2021

Revocation date:

31 Oct 2022

Announced: 23 Aug 2021
Financial grant
On 23 August 2021, the Cabinet of Thailand increased the financial grant to rice farmers from THB 19.82 billion (USD 625.7 million) to THB 54.97 billion (USD 1.64 billion) to delay the sale of rice. W...
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Implementation date

15 Oct 2021

Revocation date:

31 May 2022

Announced: 23 Aug 2021
Price stabilisation
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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Implementation date

23 Aug 2021

Revocation date:

31 Oct 2022

Announced: 23 Aug 2021
Interest payment subsidy
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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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70884

interventions

194

jurisdictions