High commodity prices can hurt Asian economies

Nations relying on energy imports often offer subsidies too in a double whammy for governments' coffers

Fuel vouchers: the Philippines government has a subsidy scheme that will help drivers of its iconic jeepneys
Fuel vouchers: the Philippines government has a subsidy scheme that will help drivers of its iconic jeepneysPhoto: REUTERS/SCANPIX
Published 15 March 2022, 22:51Updated 16 March 2022, 17:00