Thai PBS Thai PBS
Cabinet approves Oil Fuel Fund’s 20 billion baht loan plan

Cabinet approves Oil Fuel Fund’s 20 billion baht loan plan

15 Sept 18:31 Key points summarised by AI
  • The Cabinet has approved a 20 billion baht loan for the Oil Fuel Fund to improve its liquidity and stabilize domestic prices of finished oil products.
  • This decision addresses the fund's 53 billion baht deficit, largely due to oil subsidies, exacerbated by rising global oil prices from the Middle East conflict.
Read full article
Energy Crisis 1/1
Skip > Skip >