Thailand’s Energy Policy and Planning Office (EPPO) has warned that the government’s spending on fuel subsidies could breach the 100 billion baht mark by next April, according to the Bangkok Post. (US$1 = 41 baht). EPPO secretary-general Metta Banturngsuk said the state oil fund had already paid 40 billion baht to subsidise retail prices…
THAILAND: Government warns oil subsidy could reach 100 billion baht
Posted on October 25, 2004 by EnergyAsia