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… For the full story, visit the source.
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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…
By Deepshikha Sikarwar· The Times of India· 1 day ago· 2 min read
This summary is sourced from The Times of India. Read the full article at:The Times of India