There will never be a good time to cut subsidies


Views
Issue 986 - 05 Feb 2015 | 3 minute read

As the low price of a barrel of oil begins to tip the fiscal balances of countries across the Gulf region, there is a cogent argument that says now would be an excellent time to wind down energy subsidies. In a time of relative austerity, so the argument goes, the population will find it easier to accept that it needs to assume its share of the burden; lower oil prices also mean the rise in cost to businesses and consumers need not be too dramatic.

Tagged with:

Pin Energy & industry

Want to read more?

Subscribe to Gulf States Newsletter

View subscription options

This article is available to registered users

Login

Join our community

Sign up for an account to gain:


View a selection of Free articles

Explore subscription options

Follow us on Google News