Targeted support, not subsidies, can best protect people when inflation surges – IMF

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The IMF argues that targeted assistance is generally a better way to protect households when inflation rises than broad price subsidies. It says price-suppressing measures can be costly and may disproportionately benefit households that do not need help.

However, the financial institution said price-suppressing measures can be expensive because much of the support may benefit households that don't need it. The post Targeted support, not subsidies, can best protect people when inflation surges – IMF appeared first on Premium Times Nigeria.