The cabinet on Tuesday approved extending the reduction of excise tax on diesel by 5 baht per litre for another two months from July 21 to Sept 20 to mitigate the impact of high energy prices.
According to government spokesman Thanakorn Wangboonkongchana, the extension of the excise tax is just a short-term measure to help alleviate the cost of living for people and businesses now that global oil prices remain relatively high.
