Bangkok Post – Fuel subsidies may exhaust oil fund

February 3, 2024

Oil Fuel Fund Office urges better measures to control outlays

PUBLISHED : 3 Feb 2024 at 04:40

An attendant refuels a motorbike at a Shell station in Bangkok. On Jan 31, the government agreed to extend subsidies for gasoline and gasohol prices by one baht for an undetermined period.

New measures to better support and manage the Oil Fuel Fund are needed amid growing concerns oil and gas subsidies from the fund will drain it empty, says the Oil Fuel Fund…