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Treasury ignores fuel tax cuts Fear of earning money, can’t close the budget 65 – Post Today Financial News – Stocks

Treasury ignores fuel tax cuts Afraid to earn money, can’t close the budget 65

Date 20 Jan 2022 time 6:30 PM.

Minister of Finance explains to support the price of diesel still using the oil fund Excise Department clarified the decision to reduce the tax policy.

Arkhom Termpittayapaisith, Minister of Finance, said that rising energy prices There is a fuel fund to maintain oil price stability. especially the price of diesel fuel, which affects the transportation sector according to the policy, which is to control the price not to exceed 30 baht per liter and to use the mechanism of the oil fund to freeze diesel prices

Mr. Lawan Saengsanit, Director-General of the Excise Department, said that reducing the gas tax is a matter of the policy department to decide. from previous discussions It was concluded that the oil fund mechanism would be used. Take care of the expensive oil price first, and the Cabinet (Cabinet) has approved the Oil Fund to borrow an additional 20 billion baht, plus another 10 billion baht to take care of the higher oil prices.

“Right now it is a matter of policy to discuss. View all facts overview. how long the oil fund has been able to maintain oil prices And after that, what’s next? If the oil tax is reduced You have to look at the income that will come to compensate for the lost gas tax. in order not to affect the total income of the country in fiscal year 2022,” said Mr. Lawon.

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