Review of fuel subsidies in Kiribati
This report analyses fuel subsidies in Kiribati. It attempts to quantify the subsidies on the three most important fuels in Kiribati – benzene, diesel and household kerosene – using a methodology called the price-gap approach. This method gives rough monetary estimates of subsidies, but is relatively simple to apply and has low data requirements. The subsidies were estimated for 2011–2015, where data were best available, but applying the present day tax regime for estimation instead of the tax regime prior to the 2014 tax reform.