Connect with us

Economy

Fuel Prices Fall as Cambodia Extends Tax Relief to Shield Households and Businesses

Published

on

PHNOM PENH, June 16, 2026 (KPT) — Retail fuel prices in Cambodia have declined again in the latest pricing cycle, providing fresh relief to households and businesses as the government maintains subsidies and tax reductions to cushion the impact of volatile global energy markets.

A joint statement from the Ministries of Economy and Finance, Commerce, and Mines and Energy said the retail price of regular gasoline was cut by 100 riel to 4,600 riel per litre, while diesel fell by 350 riel to 4,700 riel. The new rates took effect Tuesday and will remain in force until further notice.

The adjustment reflects continued intervention measures designed to keep domestic fuel affordable and support economic activity. The government has maintained a direct subsidy of 6.5 US cents per litre and pledged an additional 1 cent whenever international gasoline prices exceed US$90 per barrel and diesel surpasses US$100.

Tax relief measures have also been extended. Import duties on fuel have been reduced to zero, while the special tax on gasoline has been cut from 30 percent to 15 percent. The special tax on diesel has been eliminated, along with value‑added tax on diesel, while VAT on gasoline has been significantly reduced.

Mines and Energy Minister Keo Rottanak said last month Cambodia is foregoing between US$55 million and US$70 million in monthly revenue through tax and duty reductions to shield consumers and businesses from rising energy costs.

The measures form part of broader efforts to ease cost‑of‑living pressures, contain inflationary risks and maintain competitiveness. The policy is designed to protect vulnerable households, sustain transport and logistics, and ensure businesses remain resilient amid ongoing uncertainty in global energy markets.

Trending