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Energy subsidies will not be phased out

Neville Gafa

~ 2 months ago

Energy subsidies will not be phased out

Finance Minister Clyde Caruana has emphasized that the government remains committed to maintaining energy subsidies for the foreseeable future, despite pressure from the European Union and the International Monetary Fund to phase them out.

 

Caruana argues that countries that abruptly removed such subsidies faced negative repercussions, with citizens bearing the brunt of sudden price increases.

 

 

Budget2025

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Neville Gafa

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