Special panel looking into reducing electricity cost, tackling economic crisis

THURSDAY, AUGUST 11, 2022
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The special economic crisis management committee will on Thursday consider additional measures to help lower electricity costs, Finance Minister Arkhom Termpittayapaisith said on Wednesday.

He said the measures would be added to those by the ministry to reduce the cost of living. One of the ministry’s main measures is the fifth phase of the “Khon La Khrueng” (Let’s Go Halves) co-shopping subsidy scheme, which will run from September 1 to October 31.

Meanwhile, ministry permanent secretary Krisada Chinavicharana said the committee, chaired by Prime Minister Prayut Chan-o-cha, would also seek solutions to the economic crisis.

He said the committee had prepared a plan to tackle the crisis in both the short and long terms.

“The committee will consider whether there is anything that needs to be dealt with,” Krisada said.

 

According to him, the economic situation has seen an improvement, but the issue of electricity tariffs still needs looking into.