4 June 202614°CThimphu
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RAA warns fuel subsidy scheme nearing fiscal limit, urges targeted support

The fuel price safety net is draining funds. The National Fuel Price Smoothening Framework has already exceeded its initial allocation, soaring past Nu 1.64 billion. The Royal Audit Authority (RAA) is now urging the government to scrap universal point-of-sale subsidies and move towards targeted support before public finances are further strained.