BAAC Accelerates Rice Farmer Subsidy Payments
The Bank for Agriculture and Agricultural Cooperatives (BAAC) has begun distributing over 835 million baht in subsidies to rice farmers today.
On November 11, 2026, the Bank for Agriculture and Agricultural Cooperatives (BAAC) announced the commencement of payments under the '1,000 baht per rai' subsidy program. According to Prachachat Business, the bank is distributing over 835 million baht to eligible rice farmers today. This initiative follows a recent Cabinet approval for an additional budget of 1.5 billion baht aimed at alleviating the cost of living and improving liquidity for farming households. BAAC Manager Chatchai Sirilai confirmed that the bank is prioritizing these transfers to support the agricultural sector. For residents and expatriates, this move reflects the government's ongoing efforts to stabilize the rural economy, which remains a cornerstone of Thailand's domestic market. While the immediate disbursement is underway, the total impact of the 1.5 billion baht allocation on long-term agricultural stability remains to be fully realized. Further details regarding the specific distribution schedule for the remaining funds have not yet been finalized by the bank. This program is strictly for registered rice farmers and does not affect general tourism or public services.
