Register now for FREE limitless entry to Reuters.com
BANGKOK, Sept 12 (Reuters) – Thailand’s cupboard will contemplate extending each an electrical energy subsidy and an excise tax reduce for diesel, in a transfer to assist alleviate impacts of excessive power costs and dwelling prices, a deputy prime minister stated on Monday.
The tax reduce on diesel by 5 baht $zero.1372) litre was final prolonged for 2 months to Sept. 20, to assist stabilise power costs which have pushed inflation to a 14-year excessive this 12 months.
Supattanapong Punmeechaow didn’t say how lengthy the tax reduce could be prolonged for however stated the federal government additionally wanted to take care of fiscal self-discipline because it had already spent 200 billion baht ($5.49 billion) on managing power costs. Cupboard will meet on Tuesday.
Register now for FREE limitless entry to Reuters.com
A subsidy on electrical energy payments may also be submitted to the cupboard for approval, Supattanapong, who can be power minister, advised reporters, with out giving particulars.
The power ministry has deliberate a subsidy of eight billion baht on electrical energy payments, from September to December.
($1 = 36.4400 baht)
Register now for FREE limitless entry to Reuters.com
Reporting by Kitiphong Thaichareon
Writing by Orathai Sriring
Enhancing by Kanupriya Kapoor, Martin Petty
Our Requirements: The Thomson Reuters Trust Principles.
