(EnergyAsia, July 31 2015, Friday) — Continuing to defy the best economic advice, the world will boost spending on energy subsidies in 2015 to US$5.3 trillion or 6.5% of its GDP, said the International Monetary Fund (IMF).
MARKETS: Energy subsidies account for 6.5% of world GDP, will remain high and wasteful, says IMF
Posted on July 31, 2015 by EnergyAsia