Tag: oil prices
Why subsidies sound costly but incentives sound strategic
Blanket subsidies can be costly, poorly targeted and difficult to sustain, especially when higher-income households consume more fuel in absolute terms.
Overcoming the war-inflicted rise in oil prices, realistically
The current 'blanket' subsidy for RON95 is becoming unsustainable. With global prices soaring, the government is essentially subsidizing the middle and upper class at the expense of development funds. It is time to implement the long-discussed Targeted Subsidy Program.
