The Thai government’s policy of using subsidies to cap the price of diesel at Bt14.59 per litre until the end of the year will backfire and complicate economic management next year, analysts recently told The Nation newspaper. (US$1=41 baht). At Bt14.59 per litre, the price of diesel has been kept artificially low since January 10…
THAILAND: Analysts warn subsidised diesel policy ‘will backfire’
Posted on August 26, 2004 by EnergyAsia