Syndicate content

Add new comment

Submitted by Chimwemwe on
I don't know how much the research takes into account on the effect of the price of fuel and the costs of other goods and products in a country like Malawi. Here when the price of fuel goes up, the price of everything else rises. So the removal of the subsidy on fuel would make life for most Malawians (including the poorest) unbearable. Am not very conversant in matters of finance so forgive my ignorance in some of these matters. Maybe I would understand this argument better if I understand the implications of subsidy on things like taxes. In my understanding though, these subsidies do not only benefit those who purchase more fuel. They benefit everyone else.