Spain to Trim Fuel Subsidies to Refocus on Low-Income Customers
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Spain is planning to scale back government subsidies for fuel at the pump by the end of this year to shift the focus to low-income customers.
The government is working on a revised mechanism that would allow it to determine who qualifies for the aid, ending a blanket program that benefits everyone regardless of income, according to a person familiar with the plan, who asked not to be identified discussing confidential information. The aim is to have the new system in place before the end of December, the person said.