Subsidy Reform in the Middle East and North Africa Recent Progress and Challenges Ahead

In the Middle East and North Africa (MENA) countries price subsidies are common, especially on food and fuels. However, these are neither well targeted nor cost effective as a social protection tool, often benefiting mainly the better off instead of the poor and vulnerable. This paper explores the c...

Full description

Bibliographic Details
Main Author: Sdralevich, Carlo
Other Authors: Sab, Randa, Zouhar, Younes, Albertin, Giorgia
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2014
Series:Departmental Papers
Subjects:
Oil
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:In the Middle East and North Africa (MENA) countries price subsidies are common, especially on food and fuels. However, these are neither well targeted nor cost effective as a social protection tool, often benefiting mainly the better off instead of the poor and vulnerable. This paper explores the challenges of replacing generalized price subsidies with more equitable social safety net instruments, including the short-term inflationary effects, and describes the features of successful subsidy reforms
Physical Description:130 pages
ISBN:9781498350433