Global Trade Alert
Global Trade Alert

Thailand: Government announced the Rice Insurance Plan budget for the year 2022

Announcement

03 May 2022

In May 2022, the Thai Cabinet announced the budget for the Rice Insurance Plan for the year 2022.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

03 May 2022

Revocation date:

31 May 2022

Updated: 03 May 2022
Production subsidy

On 3 May 2022, the Thai Cabinet approved the budget for the Rice Insurance Plan, which covered damages due to natural disasters for the year 2022. The new budget was set at 1.925 billion (USD 55.86...

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