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Targeted support, not subsidies, can best protect people when inflation surges – IMF

Targeted support, not subsidies, can best protect people when inflation surges – IMF

TheInternational Monetary Fund(IMF) said targeted, temporary income support is the most effective and cost-efficient way for governments to protect vulnerable households during cost-of-living crises. IMF disclosed this in its latest World Economic Outlook, noting that broad-based subsidies can impos...

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