Thai Cabinet to Consider Reducing Excise Tax on E20 Fuel Amid Rising Oil Prices
MGR Online
Key summary
Prime Minister Anutin Charnvirakul stated that the Council of Ministers (Cabinet) will consider reducing the excise tax on E20 fuel on Tuesday, October 27, aiming to alleviate the impact of rising oil prices and reduce costs for the public. The Prime Minister attributed high fuel prices to fluctuating crude oil costs and emphasized the government's goal to transition energy structures to rely less on crude oil. He confirmed that a proposal to lower fuel prices will be presented to the Cabinet.
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Official source
MGR Online
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