The government has been clear about its intention to invest 60 percent of the $ 18 billion that it will reap annually from fossil - fuel subsidy reform into much - needed infrastructure programs. (americanprogress.org)
In order to achieve lasting subsidy reform, governments need a constituency of support strong enough to withstand the calls to resume subsidies once oil prices begin to rise. (americanprogress.org)
The study sets out a series of policy recommendations for both countries, and concludes that governments should not limit fuel subsidy reforms to technical measures. (webstore.iea.org)