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Thailand approves US$660 million support measures for farmers

Thailand approves US$660 million support measures for farmers

FILE PHOTO: A farmer looks around his maize field destroyed by Fall Army Worm at Pak Chong district, Nakhon Ratchasima province, Thailand June 12, 2019. REUTERS/Soe Zeya Tun

BANGKOK : Thailand's cabinet on Monday approved 22 billion baht (US$660 million) of income support measures for farmers, government officials said on Monday.

The government will pay farmers the difference in case crop prices are lower than the reference prices, they said.

(US$1 = 33.31 baht)

(Reporting by Satawasin Staporncharnchai and Kitiphong Thaichareon; Wriring by Orathai Sriring; Editing by Giles Elgood)

Source: Reuters

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