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energy subsidies

Global energy subsidies to hit $5.3 tn this year: IMF

The International Monetary Fund voiced alarm on Monday about energy subsidies across the world, saying they were expected to reach USD 5.3 trillion in 2015, more than government health spending.

May 19, 2015, 00:50 AM IST

Low oil prices can help cut energy subsidies worth $2 trn: IMF

With oil prices touching "rock bottom", there is an opportunity for countries to cut energy subsidies worth USD 2 trillion, International Monetary Fund's chief Christine Lagarde said Friday.

Jan 23, 2015, 22:18 PM IST

IMF sees big gains from energy subsidies reform

The International Monetary Fund (IMF) has urged policymakers of both developed and developing countries to reform energy subsidies, arguing that this could alleviate budgetary pressures and generate big gains both for economic growth and the environment.

Mar 28, 2013, 14:57 PM IST