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News Forum - Thai government agrees to continue subsidising diesel prices past July

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The Oil Fuel Fund board (yes, the OFF Board) has resolved to keep diesel price around Bangkok and immediate provinces at 34.94 baht per litre until the end of July. The government, via the OFF Board, have been subsiding the country’s diesel prices since they started to rocket due to the current global fuel price crisis. The government, or specifically Thai tax payers, have been artificially keeping the price of diesel down to help mitigate the inflation rate in Thailand. As most goods in Thailand are delivered by trucks or trains,  keeping the price for diesel as low as possible […]

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