When oil prices started rising in 2010, the Malagasy government introduced fuel subsidies to keep energy prices low.
In 2015, as global oil prices fell, fuel subsidies were removed. The government...
The devastating impact of COVID-19 on Oman's economic activity indicates that the public finances will remain under increasing pressure over the forecast period reinforced by severely subdued global energy prices
Carbon pricing is increasingly recognized as an important source of government revenue. Carbon revenues can be crucial in supporting cost-effective climate mitigation, industrial competitiveness and...
Growth in the UAE is expected to reach to 2.5 percent by 2022; supported by the government’s mitigation and recovery plans, higher oil prices and production capacity, improved business sentiment and a boost from Dubai Expo2021.
Algeria’s long-term growth performance is slowing down, driven by a shrinking hydrocarbon sector, a winded public-led growth model, and an underdeveloped private sector.