POST Online Media Lite Edition


Thailand plans $2.3 billion more support for farmers

Christian Fernsby |
Thailand plans a $2.28 billion support for rice farmers, its finance minister said on Wednesday, aiming to help ease pressure from falling prices.

Article continues below

The plan, by which the government will pay farmers the difference if crop prices are lower than reference prices set by the state, will seek cabinet approval on Tuesday, Finance minister Arkhom Termpittayapaisith told a news conference.

What to read next

U.S., Brazil protest Thailand's pesticide ban over impact on exports
U.S. House members call for end to Thailand's ban on U.S. pork
Thailand needs 30 percent cut in rubber plantations