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The most effective way to cut subsidies is to adopt a clear and automatic formula, cutting meddling politicians out of the process.
The Government will cut subsidies to them.
The proposal would also cut subsidies aimed at the needy.
Morocco and Jordan have cut subsidies in the past couple of years.
Powerful interests and political traditions continue to constrain efforts to cut subsidies.
ReprintsThe World Bank offered to help, but only if Mr Lal cut subsidies.
Many are in dire financial straits, as cash-strapped governments cut subsidies.
But the negotiations have stalled over how much Egypt must raise taxes and cut subsidies.
And governments may respond to the falling prices to cut subsidies.
Governments often agree to cut subsidies or tackle corruption, but later backtrack.
But the fall in the oil-price has provided a chance to cut subsidies.
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CEO of Professional Science Editing for Scientists @ prosciediting.com