Connect with us

National

Cambodia reiterates tax relief to ease impact of rising fuel costs

Published

on

Photo: Government Spokesman Unit

PHNOM PENH, March 30, 2026 (KPT) – Cambodia’s government has reaffirmed a package of tax relief measures aimed at cushioning households and businesses from surging global fuel prices.

Government spokesman Pen Bona said Monday the measures, introduced under Prime Minister Hun Manet, were designed to reduce living costs and support economic activity.

His remarks followed a Ministry of Commerce announcement detailing tariff cuts on energy-related imports and export duties.

Import taxes on electric vehicle components, solar systems and lithium batteries will be reduced to zero, while fully electric cars will be exempt from import tax. Export duties on bauxite will fall from 25% to 10%, with the revised rates taking effect April 1.

The government has also removed fuel import tariffs, eliminated duties on gasoline and diesel, and cut the special tax on diesel to zero. Value-added tax on fuel has been lowered to 4%, with the state covering the remainder.

Pen Bona said the combined measures, including subsidies, are intended to mitigate external price pressures and maintain stability for consumers and businesses.

Trending