Daily Archive for February 10th, 2008

Reduce gas subsidy, boost food production

By Raffique Shah
February 10, 2008

MarketRecently, Trade and Industry Minister Dr Keith Rowley hinted that the Government may soon need to reconsider its $2 billion a year fuel subsidy. Reaction among the population ranged from grumbling to expressions of outrage, so much so that another minister denied any such move was being considered. I beg to differ. The Government must not only cut back on certain subsidies it doles out, but it must determine where cuts are justified and where it needs to enhance state assistance.
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