Since the government has already decided to implement the price ceiling, minimizing its side effects must become a priority. Detailed monitoring will be required along with a clear exit strategy.

The government will implement a petroleum price ceiling as early as this week. This marks the first time in 29 years, since the liberalization of oil prices in 1997, that the government will directly ...

Learn how financial ceilings function as a cap on elements like interest rates and credit limits, designed to manage transaction risk and costs efficiently.