Subsidy Can Be Good If Properly Used As A Fiscal Tool - Amadi

We have to admit that subsidy, as it has been implemented, has proven not to be good. But subsidy can be good. We have to admit that subsidy is a fiscal tool which government can use to boost production and consumption, which has a good effect on the economy.
The manner in which subsidy was removed perhaps was not properly thought out, and the complementary policies, including the devaluation of the currency and removal of electricity subsidy, may have compounded the impact.


Sam Amadi
ARISE News Analyst.



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