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Bangkok Post
Bangkok Post
Business

Fuel tariff freeze demanded as oil prices imperil economy

Oil and gas price rises due to the Russian invasion of Ukraine. (Photo: Bangkok Post)

Executives at the Federation of Thai Industries (FTI) want the government to freeze the fuel tariff (Ft) on power bills and maintain retail gas prices to ease the impact of soaring global oil prices on economic activities and the cost of living.

Some 80.7% of FTI executives surveyed are in favour of the authorities holding steady the Ft rate for four months, from May to August this year.

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