The global fuel subsidy bill is set to exceed one trillion dollars this year… draining the budgets of developing countries
Al Manar: The United Nations Development Programme estimates that fuel subsidies, which had been declining globally, are on course to reach 1.1 trillion dollars in 2026, an increase of 410 billion dollars from 2025, assuming the average oil price stabilizes at 88.6 dollars per barrel. If oil rises further, the figure could reach 1.43…
Machine translation of an attributed source excerpt. Consult the original report to verify details. Translated from original reporting in another language.
How the coverage developed
The global fuel subsidy bill is set to exceed one trillion dollars this year… draining the budgets of developing countries
Al Manar: The United Nations Development Programme estimates that fuel subsidies, which had been declining globally, are on course to reach 1.1 trillion dollars in 2026, an increase of 410 billion dollars from 2025, assuming the average oil price stabilizes at 88.6 dollars per barrel. If oil rises further, the figure could reach 1.43…
The global fuel subsidy bill is set to exceed one trillion dollars this year… draining the budgets of developing countries - Al Manar
Al Manar: The United Nations Development Programme estimates that fuel subsidies, which had been declining globally, are on track to reach 1.1…
