Thai cabinet approves ฿20bn loan to reduce diesel prices

Truck tanker

Truck tanker on the road. Photo: sandid (Pixabay).

Thailand’s cabinet today (Tuesday) approved a 20 billion baht loan, from the State Oil Fund, to maintain diesel prices at no more than 30 baht per litre for 4 months.

The move comes as, earlier today, hundreds of truckers rallied in protest of the high diesel prices, currently between 29-35 baht/litre, and demanded the government bring it down to 25 baht per litre.

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By Thai PBS World

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