Egypt’s energy subsidies represented 7% of the GDP and 22% of the national budget, significantly more than health and education expenditures combined. ESMAP's technical assistance informed the government of socially responsible ways of…
The total value of energy subsidies worldwide is large—estimated at US$493 billion in 2014—and widespread; in 2013 they exceeded one percent of GDP in 31 countries. There are several problems with energy subsidies, some more evident than…
Reducing energy subsidies can have a substantial impact on the budgets of developing countries, but reform can be incredibly challenging for country governments. In an effort to further disseminate the valuable knowledge exchange…
The Energy Sector Management Assistance Program (ESMAP)is a global knowledge and technical assistance partnership administered by the World Bank and funded by Australia, Austria, Denmark, Finland, France, Germany, Iceland, Japan, Lithuania…