32.9 C
Bangkok
Sunday, May 5, 2024

State vows to maintain price controls

The government has pledged to cap the prices of diesel and cooking gas for as long as possible to stabilise the costs of consumer goods.

Speaking after a joint meeting with Energy Minister Supattanapong Punmeechaow, permanent secretary for energy Kulit Sombatsiri, and Wattanasak Sur-iam, director-general of the Internal Trade Department, Prime Minister Prayut Chan-o-cha ordered related agencies yesterday to prepare advance management plans to cope with rising global oil prices.

The premier also assigned them to find a balance in the supply of palm oil for food and energy, as well as enhance liquidity to stabilise the state Oil Fund if global oil prices continue to increase.

According to Gen Prayut, the government vows to cap the diesel price at 30 baht per litre and cooking gas at 318 baht per 15-kilogramme cylinder until March…

Read more…

Latest Articles