Energy subsidies, which have a long history of use by governments around the world, have been rising in recent years after a brief period of decline. Despite their significant wider costs, subsidies are used by governments for various policy, and political reasons.

Trillions of dollars are wasted on subsidies for agriculture, fishing and fossil fuels that could be used to help address climate change instead of harming people and the planet, according to this report by the World Bank.

This is the first edition of the Economic Update for Equatorial Guinea. This report presents recent economic developments in Equatorial Guinea as well as the medium-term economic outlook and risks (Chapter 1), followed by a detailed exploration of a specific topic (Chapter 2).

The Gabon Economic Update is an annual World Bank publication that presents an overview of the evolving macroeconomic position in Gabon, followed by a detailed exploration of a specific topic in each edition. The first chapter analyzes recent economic developments, as well as the macroeconomic outlook and risks for Gabon’s future growth.

The Ministry of Power has issued a notification containing the draft Electricity (Amendment) Rules, 2023, which include provisions for ‘Subsidy accounting & payment’ and ‘Framework for financial sustainability’. The draft rules have been sent to stakeholders for comments, with a deadline of 21 days from the date of the letter.

Bangladesh should aim for renewables to make up 40% of its total power generation capacity by 2041, says this report by the Institute for Energy Economics and Financial Analysis (IEEFA), which charts a path for the country to transition its electricity sector away from dependence on expensive imported fossil fuels and ease its growing subsidy bu

The Union Budget 2023-24 was presented against the backdrop of some critical geopolitical developments and was the last full budget before the next general elections. Signicantly, 2023 is also the year in which India became the most populated country in the planet and assumed G20 presidency.

Tunisia's economic recovery slowed in 2022 while the current account and fiscal deficit rose amid mounting global energy and food prices and more working-age people stayed out of the labor market amid diminishing job prospects, according to the World Bank's Spring edition 2023 of the Tunisia Economic Monitor.

India’s automotive sector is on the brink of something new. On the one hand, sales of traditional internal combustion engine vehicles (ICEV) have been slow to bounce back to pre-pandemic levels.

Food Subsidy is provided by the Government of India (GoI) for the supply and distribution of foodgrains and other essential commodities. With the passing of the National Food Security Act (NFSA) in 2013, nutritional security became a right.