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International Monetary Fund pushes Mali to cut fossil fuel subsidies

By Soumaila T. Diarra | Mon, 9 Dec 2013 10:37 AM
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BAMAKO (Thomson Reuters Foundation) - The International Monetary Fund has asked Mali to reduce its fossil fuel subsidies during negotiations on financial assistance to the West African state. But Malians fear such a move could result in costlier electricity and rising poverty.

“They already increased the price of electricity in March, and people didn’t protest because we were under a state of ...

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