The cabinet on Tuesday approved extensions of both the diesel tax cut for two more months and the electricity bill subsidy until December, in an attempt to mitigate the impact of high energy prices.
According to government spokesman Anucha Burapachaisri, the extension of the measures is necessary to help people suffering from rising costs of living and higher prices of goods and services.
Upon the cabinet's approval, the excise tax cut of 5 baht per litre for retail diesel prices will be extended for two months from Sept 21 to Nov 20, 2022. The excise reduction, which initially started with a three-baht cut in February, was scheduled to end on Sept 20.
