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Friday, 3 May 2013

Bold Leadership on Fuel Prices

By Chola Mukanga

The government this week announced that fuel prices will go up by 21% after removing the subsidies. The removal of subsidies is an excellent development despite its short term costs. Zambians were always paying twice. Consumers paid high fuel prices and taxpayers paid for subsidies to keep an inefficient system in place.
Copyright © Zambian Economist 2013

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