Thai Prime Minister to Propose Diesel Tax Structure Review at October 27 Cabinet Meeting

Key summary

On October 24, at Lumphini Field, Anutin Charnvirakul, the Prime Minister and Minister of Interior, stated that the government plans to present a proposal regarding the excise tax structure for diesel fuel to the Cabinet on October 27. The goal is to reduce the tax burden to alleviate living costs for citizens affected by rising oil prices. Anutin attributed current price volatility primarily to global crude oil costs and noted the government's long-term aim to transition the country's energy structure to reduce reliance on crude oil. When asked if the October 27 meeting would yield concrete results in lowering fuel prices, Anutin responded briefly that he would propose the matter to the Cabinet.