The Japan Times
International · 5 hrs ago
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ADB urges countries to limit fuel subsidies to vulnerable groups
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The Asian Development Bank recommends that countries target fuel subsidies only to vulnerable populations. Japan has implemented price caps on gasoline through subsidies to keep prices around ¥170 per liter following recent price increases.
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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