IMF Notes

Fiscal Policy for Mitigating the Social Impact of High Energy and Food Prices

By Emine Hanedar, Gee Hee Hong, Celine Thevenot

June 7, 2022

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Emine Hanedar, Gee Hee Hong, and Celine Thevenot. "Fiscal Policy for Mitigating the Social Impact of High Energy and Food Prices", IMF Notes 2022, 001 (2022), accessed January 23, 2025, https://doi.org/10.5089/9798400211614.068

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Summary

Fiscal policy has a crucial role in lessening the impact on the most vulnerable households. Governments must balance by ensuring access to energy and food, normalizing fiscal policy after unprecedented support in 2020, and promoting green transformation.

Subject: Economic sectors, Financial crises

Keywords: Cash transfers, Energy prices, Energy reform, Fiscal policy, Food prices, Food Security, Inflation, Social assistance, Subsidies, Taxation

Publication Details

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