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News Forum - Thailand’s government will likely keep diesel subsidies

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After much drama and anxiety over announcements that Thailand’s diesel price could eventually jump to 40 baht per litre, PM Prayut Chan-o-cha has announced yesterday that the government will likely extend its subsidy programme that is due to end on May 20. The current subsidy has helped keep the price at about 32 baht per litre, even though the actual retail price is now 40 baht per litre. Last month, Thailand’s Energy Permanent Secretary said the new ceiling price for diesel would be set at 35 baht per litre. He said the Fuel Fund Executive Committee would consider when the […]

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