Reforming Fuel Subsidies
Source details
- Canonical URL
- Reforming Fuel Subsidies
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Bibliographic details
- Session: CE 25.06
- Location: Kuwait City, Kuwait
- Dates: February 2-6, 2025 (1 week)
- Delivery method: In-person Training
- Primary language: English
- Interpretation language: Arabic
- Status: Deadline passed
Target audience and qualifications
- Target Audience:
- Mid-level to senior officials at ministries of finance, other ministries, and government agencies involved in setting fuel prices or fuel subsidy policy.
- Qualifications:
- Participants are expected to have a degree in economics or a related field.
- Proficiency in Microsoft Excel is desirable.
- Participant involvement:
- Participants may be asked to make presentations on their own country’s experience in setting fuel prices and reforming subsidies.
Course description — scope and tools
- Focus areas:
- Recent developments in subsidy spending on fuel products.
- Macroeconomic impact of fuel subsidies.
- Environmental and social implications of fuel subsidies.
- Analytical content:
- Country-specific case studies illustrating reform experiences.
- Key elements of successful reforms, including measures to protect low-income groups adversely affected by lower subsidies.
- Tools for measuring subsidies and assessing the distributional impact of subsidy reforms.
- Alternative fuel pricing mechanisms that can help smooth the transmission of international fuel price changes to domestic prices while protecting the budget.
Course objectives — competencies on completion
- Participants should be able to:
- Explain the different rationales for energy subsidies and how subsidies are measured.
- Describe the drawbacks of energy subsidies.
- Identify possible barriers to the reform of fuel subsidies.
- Design an effective reform strategy drawing on lessons from the experiences of other countries.
- Use tailored tools to measure fuel subsidies and estimate the impact of a fuel subsidy reform on household welfare, in order to inform the design of mitigating measures and guide the choice of alternative fuel pricing mechanisms.
References