Reforming Fuel Subsidies (RFS)

Course Description: 

This course, presented by the IMF’s Fiscal Affairs Department, explores recent developments in subsidy expenditures for fuel products; options for the reform of these subsidies, including the design of social safety net measures to protect low-income groups adversely affected by the reduction of subsidies; and alternative fuel pricing mechanisms that can help smooth the transmission of international fuel prices to domestic prices while protecting the budget. Participants may be asked to make presentations on different aspects of their country’s experience in setting fuel prices and reforming subsidies.