Tags » Fuel Subsidies

Did Goodluck Jonathan's political price-cut trigger fuel shortages in Nigeria?

Nigeria, Africa’s largest oil producer, has this week been struck by another one of its notorious fuel shortages. With just weeks to go before a contentious presidential election, there are… 482 more words

Why is reforming fuel subsidies so hard?

With the recent dramatic fall in the price of oil, the issue of fuel subsidies comes to the fore again. Alan Beattie writes a good article in the Financial Times about fuel subsidy reform, how subsidies affect our economies and also why it is so hard to remove them. 1,012 more words


Most developing countries will benefit from oil price slump, says World Bank Group

WASHINGTON, January 7, 2015 Gains from low oil prices can be substantial for developing-country importers if supported by stronger global growth, says a World Bank Group analysis of the oil price decline, contained in the latest edition of Global Economic Prospects. 629 more words

World Bank

Malaysia eliminates fuel subsidies

Here’s an oil-exporting country that is taking advantage of the low price of oil to eliminate subsidies. That may be a tough policy to maintain when prices rise again, but at least they are trying. 46 more words

Govt slashes fuel subsidies

Related topics: Chapter 2 The Price System (Demand & Supply), Chapter 6 Macroeconomic Problems (Inflation)

Less than a month after assuming the country’s highest public post, President Joko “Jokowi” Widodo hiked the prices of subsidized fuel on Monday in a bid to reallocate the ever-increasing funds spent on fuel subsidies to finance the government’s development programs. 597 more words

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Indonesia raises fuel price

JAKARTA: Indonesian President Joko Widodo unveiled a hefty increase in the price of subsidised fuel Monday, taking a risky, unpopular first step towards fixing the tattered finances of Southeast Asia’s top economy. 538 more words


India's Modi exploits oil price collapse to end diesel subsidies

India’s government said it will stop fixing the price of diesel, in a move that will cut the bill for fuel subsidies and send a strong signal of its commitment to liberalize the economy and attract investment. 470 more words