Government waives $50 mil a month to stabilise fuel and electricity prices

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The Cambodian government is waiving approximately $50 million per month in revenue by reducing taxes on fuel and electricity products to protect consumers from rising global energy prices, according to Prime Minister Hun Manet. This measure aims to stabilize fuel and electricity costs amid international energy price fluctuations.

Cambodian Prime Minister Hun Manet stated on Saturday that the government is waiving about $50 million in monthly revenue by reducing taxes on fuel and electricity-related products to shield consumers from rising global energy prices. Government waives $50 mil a month to stabilise fuel and electricity prices appeared first on Khmer Times.