Too early to say if diesel tax cut will continue: Finance Ministry
The Finance Ministry has declined to say whether the diesel tax cut, which is due to expire on July 20, will be extended, triggering uncertainty about the continuation of measures to mitigate the cost of living.
The caretaker government imposed a diesel tax cut of 5 baht per litre on February 5 last year to tackle rising global fuel prices, resulting in 158 billion baht lost in diesel tax revenue.
The diesel price, which peaked at 35 baht per litre, currently stands are 32 baht/litre.
The Nation Reporter
