Thailand Approves Significant Excise Tax Cut on E20 and B20 Fuels for Three Months
Economy

Thailand Approves Significant Excise Tax Cut on E20 and B20 Fuels for Three Months

The Thai cabinet has approved a significant excise tax reduction on E20 fuel by 5.60 baht per liter and B20 fuel by 5.50 baht per liter, effective for three months. This measure is likely aimed at stabilizing domestic fuel prices and easing the burden on consumers.

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