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IMF FUEL SUBSIDIES
Sri Lanka reduces fuel prices after Middle East ceasefireSri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices...- Fuel price shield helping India and consumers to tackle West Asia crisis: Gita GopinathIndia is already cushioning the economy from the West Asia crisis. Gita Gopinath, former IMF Deputy Managing Director, states the governmen...
- Keeping close watch on supply shock, impact on inflation: RBI Guv Sanjay MalhotraThe Reserve Bank of India is watching global uncertainties closely. Governor Sanjay Malhotra stated the RBI is monitoring supply shocks. Th...
- Iran war crisis: With long-term vision, India could turn turmoil into triumphIndia confronts an economic crisis driven by global events. Import duties on gold and silver are an initial step. Policymakers warn of crun...
- Petrol-diesel price hike coming soon? Why IMF says it mustSpeculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. The IMF urge...
- The Hormuz blockade: Why a fragile ceasefire may not lower global oil pricesBrent crude has surged to $125 per barrel due to escalating West Asia conflict and severe disruption at the Strait of Hormuz, a key global ...
- ‘We are not like India...’: Pakistan minister admits on live TV country has no strategic oil reserves, says stock only for five to seven daysPakistan's energy vulnerability is highlighted as Petroleum Minister Musadik Malik revealed that Islamabad possesses only a few days of cru...
- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- Let oil prices hurt: IMF cautions against govt shielding consumersThe IMF is urging governments to let fuel prices rise, warning that broad subsidies and price caps worsen global energy shocks. Allowing pr...
- 11 nations call for coordinated IMF-World Bank support amid Middle East war risksThe finance ministers of 11 countries including Britain and Japan called Wednesday for "coordinated emergency support" to help countries hi...
- IMF cuts global growth outlook for 2026, warns of potential recession if Iran war worsensThe International Monetary Fund has cut its global growth outlook, warning the economy could near recession if the Middle East conflict kee...
- Global finance ministers warn of prolonged market impact from Middle East conflictGlobal finance ministers warn the Middle East conflict will continue to impact growth and inflation. Even a lasting peace will not immediat...
- IMF cautions countries against broad fuel subsidies to deal with war-driven energy shockGlobal finances face new pressure from the Middle East conflict. Rising energy prices and interest rates strain economies. The IMF advises ...
- Fossil fuel subsidies hit $1.3 trillion despite government pledges to end themA report by the International Monetary Fund studied both implicit and explicit subsidies for fossil fuels. This study was conducted across ...
- Pakistan finance minister warns of default if fuel subsidies not abolishedPakistan will default if the government does not abolish the subsidies on petroleum products, Finance Minister Miftah Ismail has said, warn...
- Pakistani stocks jump over 2% as government ends fuel price freezeFuel prices rose 20% on Friday, causing long lines to form at filling stations as the news spread. The new price of petrol will be 179.86 r...
- Pakistan hikes prices of petroleum products by Rs 30 per litreAfter the increase, the price of petrol will be at Rs 179.85, diesel at Rs 174.15, kerosene at Rs 155.95 and light diesel at Rs 148.41.
- India could provide universal basic income of Rs 2,600 a year: IMFThe figure of Rs 2,600 per annum has been arrived at through simulation that replaces food and fuel subsidies in India with a UBI.
- IMF applauds India for cutting fuel subsidyDrop in oil prices provides a golden opportunity to cut energy subsidies and use the savings for more targeted transfers to protect the poo...
- Rationalise fertiliser subsidy to improve fiscal health: IMFThe IMF in its annual report also welcomed government's move towards direct cash transfer of subsidies using the Unique Identification Auth...
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