Energy costs are on the rise in Egypt and shortages of electricity have resulted in scheduled power outages since August 2023. Understanding the trade-offs inherent in the energy subsidy system can help policymakers to chart the best course in a diffic... Source: IFPRI Egypt Country Office
Are fuel or food subsidies the right policy tools to reduce inequality? An evidence-based illustration for four Arab economies
Paul Makdissi, Professor of Economics, University of Ottawa, Canada
Countries of the MENA rely mostly on consumption subsidies for reducing inequality. As we will illustrate below, a move from fuel subsidies towards food subsidies would be desirable. Unfortunately, some countries also started eliminating food subsidies. Source: IFPRI Egypt Office