Global Trade Alert
Global Trade Alert

Thailand: Government announced the Rice Insurance Plan budget for the year 2023

Announcement

20 Mar 2023

In March 2023, the Thai Cabinet announced the budget for the Rice Insurance Plan for the year 2023.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 May 2023

Revocation date:

31 Dec 2023

Updated: 20 Mar 2023
Production subsidy

On 20 March 2023, the Thai Cabinet approved the budget for the Rice Insurance Plan, which covered damages due to natural disasters for the year 2023. The new budget was set at 1.647 billion (USD 48...

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