BANGKOK: Thailand’s cabinet on Tuesday (Sep 13) agreed to extend a diesel tax cut and energy subsidies, as well as a minimum wage increase, to help mitigate the impact of high energy prices and living costs with inflation hitting a 14-year high, the government said.
The tax cut on diesel by 5 baht (US$0.1379) per litre will be extended for two months to Nov 20, government spokesman Anucha Burapachaisri told a briefing.
The power subsidy worth 9.1 billion baht will be offered until the end of 2022, he said, adding a 300 million baht cooking gas subsidy would be offered between October and December.
The government also approved an increase in minimum wages from Oct 1, he told a briefing.
The wage hike, by 5 per cent on average, was the first in more than two years.