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
Updated: 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
Updated: 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
Updated: 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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