Bangkok:The Cabinet has approved a three-month reduction in excise tax on E20 and B20 fuels, a move aimed at assisting farmers, transportation businesses, and the general public while stimulating demand for agricultural products used in these fuels.
According to Thai News Agency, the Prime Minister announced that the reduction will see Gasohol E20 excise tax cut by 5.60 baht per liter and Biodiesel B20 by 5.50 baht per liter. This measure will initially last for three months, after which the situation will be reassessed.
The Ministry of Energy has been tasked with determining new retail prices at gas stations following this tax reduction. The Minister in charge, Mr. Ekanat Promphan, will oversee the necessary actions.
In addition, the Prime Minister addressed legal action against Ms. Rakchanok Srinok over a fake payment slip and instructed the police to expedite investigations into all cases swiftly. Furthermore, he clarified that four draft amendments concerning the allocation of funds from excise taxes are still under consideration.
Meanwhile, Deputy Prime Minister and Minister of Foreign Affairs, Sihasak Phuangketkaew, commented on the Chinese Embassy’s travel warning to its citizens, emphasizing the importance of verifying the nature of the travelers and the need for cooperation between governments.