Subsidy Retrenchment and Fiscal Survival in Crisis Stricken Economies Dilemma
May 9, 2026
Across the developing world, a quiet but consequential transformation is unfolding within the architecture of state economic governance. Under the austere gaze of international financial orthodoxy, energy subsidies once regarded as indispensable instruments of social protection are being systematically dismantled, recalibrated, or reclassified