As the saying goes, “A healthy nation is a wealthy nation.” The future of any country’s survival, and that of its corporate institutions, depends largely on how healthy or otherwise responsive government is to the yearnings of it citizens. Subsidies are one of the palliative measures countries around the world put in place to stabilize […]

A subsidy (also known as a subvention) is an assistance paid to a business or economic sector. Most subsidies are made by the government to producers or distributors in an industry to prevent the decline of that industry (e.g., as a result of continuous unprofitable operations) or an increase in the prices of its products […]