The oil-price surge is jeopardizing more than low interest rates. Budgets in Southeast Asia are likely to come under severe pressure. Leaders will be pushed to boost subsidies and dispense cash handouts to offset the hit to voters wallets.
Introduction
The oil-price surge is jeopardizing more than low interest rates. Budgets in Southeast Asia are likely to come under severe pressure. Leaders will be pushed to boost subsidies and dispense cash handouts to offset the hit to voters wallets.
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