Farming subsidies only distort world prices, says Srettha as he promises 5% growth

As for the debt moratorium for farmers, he said his government will implement this policy along with other measures aimed at raising the income for farmers. He noted that over the past nine years, some 13 debt moratoriums have been implemented for farmers.

“But farmers’ incomes have not risen. We need to introduce other measures to help farmers cut their costs and educate them about raising their incomes,” the PM said while meeting with local residents and officials at the Ubol Ratana Dam in Khon Kaen.

Since the Northeast is prone to drought, Srettha said his government had a long-term solution for the problem. The solution, he said, was building a long pipeline that would transport water from four rivers in the Northeast to the dam.

“We don’t always want to use short-term measures to tackle this…