subsidy Archives - International Finance

We ended petrol subsidy to save Nigeria from bankruptcy: President Bola Tinubu

IFM CorrespondentMay 2, 2024May 1, 2024

by IFM CorrespondentMay 2, 2024May 1, 2024

President Bola Tinubu expressed his happiness over Nigeria's youthful population, which he believes is full of energy and determined to use technology and education to take control of their own destiny...

Saudi looks to austerity measures to cut losses

International Finance DeskJanuary 25, 2016

by International Finance DeskJanuary 25, 2016

Government is seeking advice from experts on downsizing budget Suparna Goswami Bhattacharya January 25, 2016: Saudi Arabia has reveled in its oil-rich economy for years, but is finally feeling the pressure of falling oil prices. So much that the government is considering austerity measures. There are enough reasons to think about austerity, especially since the...

China: Going with the wind

International Finance DeskJanuary 11, 2016

by International Finance DeskJanuary 11, 2016

There are economic factors behind Asian giant’s interest in wind energy Suparna Goswami Bhattacharya January 11, 2016: China has begun a new journey. The journey towards a greener future. And it is not surprising given the fact that the country emits 23.42% of global CO2 emissions as per a report by GermanWatch, a non-profit organisation...