Diesel price in Thailand to be pegged at current level for two more months
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Diesel price in Thailand to be pegged at current level for two more months
14 Sept 01:30Key points summarised by AI
Thailand's cabinet approved extending the 5-baht/litre excise tax cut on diesel until January 20th, maintaining current price levels.
This subsidy extension will result in a 20 billion baht loss in state revenue and necessitate new loans for the Oil Fuel Fund, increasing the national debt.
Alongside the diesel decision, the cabinet also sanctioned an 81 billion baht rice price guarantee scheme for the 2022-2023 crop season.
Thailand's Education Ministry is implementing a four-pronged strategy to address its students' below-average performance in PISA 2025 and tackle significant educational inequality.
The plan prioritizes closing performance gaps by increasing funding for small and low-income schools, overhauling the curriculum to foster critical thinking, and adopting a data-driven management system to reduce teacher workload.
Key initiatives include enhancing school safety, combating cyberbullying, and expanding mental health support through peer-to-peer networks, recognizing the severe impact of distress on academic performance.
An education expert advises verifying if PISA improvements stem from structural changes, advocating for a revived STEM curriculum with practical 'learn by doing' methods, and urging bureaucratic reform to link teacher evaluations to student development.