ADB Urges Targeted Fuel Subsidies Amid Price Surges

The Asian Development Bank (ADB) has called on countries to restrict fuel subsidies to vulnerable groups, noting that Japan has capped gasoline prices due to the Iran war.

5 May, 01:33 — 5 May, 01:33

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japan-timesMostly Factual116d ago

ADB urges countries to limit fuel subsidies to vulnerable groups

Japan has capped gasoline prices at around ¥170 per liter through subsidies after they surged to about ¥190 after the start of the Iran war.

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ADB Urges Targeted Fuel Subsidies Amid Price Surges

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ADB urges countries to limit fuel subsidies to vulnerable groups

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