(EnergyAsia, April 11 2013, Thursday) — Countries around the world would realise major economic and environmental gains if they took the bold steps of reducing energy subsidies which amount to a “staggering” US$1.9 trillion a year, equal to about 2.5% of global GDP or 8% of government revenues, said the International Monetary Fund (IMF). In…
MARKETS: IMF cites major economic and environmental gains from reducing energy subsidies
Posted on April 11, 2013 by EnergyAsia