LPG Subsidy Hike Strains State Fuel Fund
Technology

LPG Subsidy Hike Strains State Fuel Fund

Thailand's government has increased subsidies for liquefied petroleum gas (LPG) to maintain domestic cooking gas prices, placing a growing financial strain on the state Oil Fuel Fund. The move aims to prevent price hikes on essential goods, but the fund's deficit has reached 71.8 billion baht.

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