Knock down diesel tax by 5 baht, propose to the Cabinet next week

Knock down diesel tax by 5 baht, propose to the Cabinet next week

News reports say Progress on diesel excise tax reduction measures from the present to 3 baht per liter, ending on May 20, the latest government by General Prayut Chan-o-cha, Prime Minister and Minister of Defense have discussed with Mr. Supattanapong Punmeechaow, Deputy Prime Minister and Minister of Energy including the Ministry of Finance and the National Economic and Social Development Council (NESDB) regarding the renewal of the diesel excise tax reduction concluded that

measures will be extended but has not yet determined a clear period of time whether it is 3 months or not and will increase the reduction rate to 5 baht per liter with a difference of 2 baht that has been reduced will support the fuel fund with diesel maintenance burden of more than 10 baht per liter, after which the relevant agencies will discuss in detail To summarize the measures and propose to the Cabinet meeting (Cabinet) next week by this decision to mitigate the impact on people who are suffering from high oil prices.

“It is estimated that a reduction of 5 baht per liter will cause the state to lose nearly ten billion baht per month, while a reduction of 3 baht over a three-month period has lost 17 billion baht,” the news report said.