The cabinet on Tuesday agreed to extend a diesel tax cut for two months and extend an electricity subsidy until December to mitigate the impact of high energy prices, the government said.
The cabinet approved extending the excise tax rebate of 5 baht per litre on retail diesel prices for two months to Nov 20, according to government spokeswoman Traisuree Taisaranakul. The move will cost the administration about 20 billion baht in lost revenue, she said.
