Thailand’s proposed biofuel tax relief faces a THB10 billion budget constraint
In Thailand, Agrospectrum Asia reports the country is considering targeted excise-tax reductions for E20 gasoline and B20 biodiesel to ease fuel costs while supporting agricultural feedstock producers, including sugarcane, cassava and palm-oil farmers. However, the proposal faces tight fiscal constraints, with the government reporting just over THB10 billion in available fiscal space for the relevant […]
