Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Reasons can always be debated, as can definition of backwater, but if general subsidies of fuel is enough, I give you Sri Lanka:

Zimbabwe asked to stop money printing by IMF as Sri Lanka trail 1600:20 - LANKA BUSINESS ONLINE

In 2004 Sri Lanka jettisoned an IMF backed growth plan that brought 12-month inflation below 2 percent and exchange rate appreciation for the first time in decades, to return to money printing, fuel subsidies, power subsidies, heavy public sector recruitment and state intervention in agricultural markets including fertilizer subsidies.

I think there are many more examples of poor countries subsidising fuel as wella as other basic goods.

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se

by A swedish kind of death on Wed Nov 10th, 2010 at 08:43:57 AM EST
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