Friday, October 7, 2011

Thailand keeps free transit - tries to mitigate fossil-fuel subsidy

Economic policies of Thailand's new government: "It said in August it expected to raise excise tax on all fuels in the next 6-8 months to make a more appropriate price structure.

-- Pledge to hold down prices of consumer goods and energy.
On Oct 3., the cabinet approved the extension of free public transport until Jan. 15 for certain users and the government said this would cost 2.18 billion baht."

'via Blog this'

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