Laos National Assembly passes resolution on fuel price stabilisation measures


Motorists queue for fuel at a petrol station in Laos capital Vientiane. - Laotian Times

VIENTIANE, May 9: The National Assembly of Laos has passed a resolution to reduce the excise tax on fuels in order to attempt to avert a fuel crisis in the country, reports Laotian Times.

According to the Resolution, dated today, measures to stabilize the fuel price will include a reduction of excise tax collected from the sale of fuels.

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