Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Agricultural Development Bank of China
InfoQuest

Thai Finance Ministry mulls handouts for farmers

April 13, 2020


Abstract : An emergency meeting of the Bank for Agriculture and Agricultural Cooperatives (BAAC) committee was called on April 9 to discuss relief measures for farmers, according to BAAC Chairman and Finance Minister Uttam Sawangnoon.

InfoQuest (April 9, 2020) -- An emergency meeting of the Bank for Agriculture and Agricultural Cooperatives (BAAC) committee was called on April 9 to discuss relief measures for farmers, according to BAAC Chairman and Finance Minister Uttam Sawangnoon. The measure, which complements a previous government initiative to provide relief to the self-employed through registration at www.wedon'tleaveeachother.com, initially plans to provide handouts to 9 million farmers registered with the Ministry of Agriculture and Cooperatives and the BAAC. And how much each registrant will get is under discussion.

"They may receive a monthly handout of 5,000 baht as registered self-employed Thais, but no final conclusion has been reached. Budget funds have been in place as they will be allocated from the loan bill worth 1 trillion baht, and the first tranche has been set at 600 billion baht to mitigate the impact of the outbreak on the public health sector, the self-employed and farmers. We are speeding up the progress to reach certain conclusions on specific proposals. We believe the cash handouts will be distributed to the registrants in April, but the payment method and the exact amount are still under discussion," said Mr. Uttam.

Mr. Uttam added that in addition to the self-employed and farmers, the Ministry of Finance would consider providing assistance to all workers affected by the virus who have not yet received relief, and that a comprehensive package of assistance would be developed. The budget is adequate and Thais need not worry.

Source: InfoQuest, by Thapa/Sasithorn, translated by Xinhua Silk Road.

Notice: No person, organization and/or company shall disseminate or broadcast the above article on Xinhua Silk Road website without prior permission by Xinhua Silk Road.

Scan the QR code and push it to your mobile phone

Keyword: agriculture farmer

Reading:

China unveils guideline on improving market-based allocation of production factors

OAE: agricultural output can meet current domestic consumption and export demand

China's "tropical treasure" to speed up building of new open economic system

OAE and ADB discuss how to restructure Thai agricultural sector to deal with climate change and decrease risky regions

MOAC works to bail Thai agriculture out of the epidemic impact and orders all affiliates to formulate aid measures, says Minister Chalermchai

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial