Global Trade Alert
Global Trade Alert

Thailand: BACC provided a THB 44 billion loan facility to paddy rice farmers

Announcement

08 Dec 2023

In December 2023, the Bank of Agriculture and Agriculture Cooperatives (BAAC) of Thailand provided a THB 44 billion (USD 1.24 billion) loan facility to paddy rice farmers to stabilise the price of paddy rice in line with government policy.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

08 Dec 2023

Revocation date:

30 Sep 2024

Updated: 08 Dec 2023
State loan

On 8 December 2023, the Bank of Agriculture and Agriculture Cooperatives (BAAC) of Thailand provided a THB 44 billion (USD 1.24 billion) loan facility to paddy rice farmers to stabilise the price o...

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