How not to remove fuel subsidies .... The vicious cycle of foreign exchange liberalization on fuel prices

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Headlines

How not to remove fuel subsidies …. The vicious cycle of foreign exchange liberalization on fuel prices - Since the President announced the removal of fuel subsidies on May 29^th , 2023, it has been difficult to estimate the accurate subsidies been paid by the government. The government is only not transparent, it is also not clear what volume of petroleum products is imported into the country and how demand and smuggling across the border is changing in response to changes in prices. read more

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