debt moratorium agriculture

Farmer Debt Moratorium Set for Q4

The Thai government has announced plans to introduce a debt moratorium for farmers in the fourth quarter of this year. This initiative will cover both debt principal and interest, providing financial relief to those in the agricultural sector. Prime Minister Srettha Thavisin revealed this plan and anticipates cabinet approval at their first meeting.

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el nino drought

Government Takes Action on El Nino Consequences

The Thai government is ramping up initiatives to mitigate the effects of the El Nino weather anomaly, which has caused reduced rainfall and drought, impacting the country’s agricultural sector. Prime Minister Srettha Thavisin emphasized the importance of addressing these concerns, as the welfare of the population and the agricultural sector are top priorities.

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