Posts tagged as: fuel


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  • Blog post

    Why COVID-19 offers the perfect opportunity to remove fuel subsidies

    April 2020 recorded the lowest oil price (USD 21/barrel of oil) in 18 years. This was driven by a lack of demand due to low economic activity worldwide. This temporary season of low oil prices presents an opportune moment for countries to remove inefficient fuel subsidies and reduce the knock-on effect to citizens. This reform also provides developing country governments...

    3 Aug 2020 | Joevas Asare