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Monday, May 6, 2024

Bangkok Post – Ministry eyes ongoing use of Oil Fuel Fund

Various types of fuel, including diesel, on sale at a petrol station in Bangkok. Somchai Poomlard

The Finance Ministry has recommended using the Oil Fuel Fund to sustain the subsidy for retail diesel prices, noting the fund has sufficient capacity to support the government’s diesel subsidy programme.

According to Deputy Finance Minister Krisada Chinavicharana, the ministry is monitoring global oil prices and the government’s revenue collection from May to June before…

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