IMF warns against blanket petrol subsidies, suggests targeted support for poor, vulnerable people
TheInternational Monetary Fund(IMF) on Wednesday warned against blanket subsidies, saying targeted support for vulnerable and poor people provides better results. Rodrigo Valdés, Director of the IMF’s Fiscal Affairs Department, spoke during a press briefing on the fund’s fiscal monitor at the 2026 a...
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Verified on Oct 14, 2026