Economy
Government Plans Additional 1.8 Billion Baht Support for Rice Farmers
Transport Minister Suriya Juangroongruangkit announced plans to propose a 1.8 billion baht budget increase to support rice farmers, pending final approval from the Prime Minister.
According to a report by Matichon Online on September 22, 2026, Transport Minister Suriya Juangroongruangkit has confirmed that the government intends to submit a proposal to the Cabinet next week to increase financial support for rice farmers by 1.8 billion baht.
This initiative aims to provide additional economic relief to the agricultural sector. Minister Suriya indicated that the proposal is currently awaiting final authorization from the Prime Minister before it can be formally presented for Cabinet consideration.
For residents and those interested in Thailand’s economic landscape, this development highlights ongoing government efforts to stabilize the agricultural economy, which remains a cornerstone of the nation's domestic market. While the intent to increase funding has been stated, the specific mechanisms for distribution and the exact timeline for the rollout of these funds remain subject to the upcoming Cabinet review and the Prime Minister's final approval.
As this process is still in the proposal stage, stakeholders are waiting for the official Cabinet meeting next week to confirm whether the budget increase will be enacted as planned. Further details regarding the eligibility criteria for farmers and the impact on local market prices are expected to follow once the government provides formal confirmation.
