$1.72 billion damage to farming sector likely from drought: Economist

Witsanu Attavanich, an economist, said that Thailand's farming sector could suffer damage up to 62 billion Thai baht ($1.72 billion) if the drought in the nation lasts until June, reported Bangkok Post.

Climate change and extreme weather are responsible for the drought, said Mr. Attavanich.

Damage to the farming sector from climate change could range from THB 600 billion to THB 2.5 trillion between 2005 and 2045, said Mr. Attavanich.

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