IMF cautions countries against broad fuel subsidies to deal with war-driven energy shock

The IMF cautions countries not to rely on broad fuel subsidies to shield economies from the war-driven energy shock. It says the Middle East conflict worsens fragile global fiscal conditions, with higher rates and rising energy prices fueling pressure on emerging and developing economies, per its Fiscal Monitor. source http://www.adaderana.lk/news.php?nid=121291