#fuel-subsidies
ADB warns Asian economies against broad fuel subsidies, tax cuts amid oil price risks
The Asian Development Bank advised Asian economies to avoid broad fuel subsidies and excise duty cuts, warning they could strain public finances amid elevated crude oil prices. The lender suggested targeted cash transfers for vulnerable populations and a shif…
How Asia-Pacific is fighting a fuel shock that could get worse
Asian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly subsidies and fuel-use restrictions. Diversifying energy sources and tapping reserves are key strategies, but deeper tr…