Global oil prices affect decision
Finance Minister Arkhom Termpittayapaisith has refused to take a stance on whether the diesel excise tax cut needs to be extended, saying it depends on global oil prices.
The cabinet of outgoing Prime Minister Prayut Chan-o-cha extended the excise tax cut on diesel of 5 baht per litre until July 20 to help ease the cost of living.
“When that day arrives, let’s discuss the issue again as the global oil price is now falling,” said Mr Arkhom.
The measure contributes to…
