The Minister of Economy, Luis Caputojustified the postponement of the increases in rates of electricity and gas by maintaining that, for now, “we should not burden the middle class with any more expenses.”
The official responded to a tweet from a journalist, who on Tuesday had written that by delaying the increases “the Government’s obsession with reducing inflation begins to collide with the basis of the economic program: eliminating the deficit from the State accounts.
“It’s exactly the other way around. Because we are comfortable fiscally, we prioritize lowering the inflation and not burden the middle class with expenses for the moment,” he said Caputo in your X account.
Measures to contain inflation
The Government postponed the increases of rates and divide the update of the income tax into sections. fuels in order to avoid its impact on the inflationwhich in April would be around 8%, according to consulting firms.
Starting this Wednesday, an automatic update of the rates, but the tables with the new values were not officially published. Thus, he postponed the application of monthly indexation mechanisms that the Ministry of Energy had defined, to avoid a delay in real terms of the income of distributors and transporters.
In the same sense, the update of the income tax was suspended fuels (ICL) that represented an 8% adjustment in prices at the pump.
Regarding this last point, the Government will publish a decree in the next few hours in which it will be detailed when “the increase corresponding to the fourth quarter of 2023 in Taxes on Fuels and Carbon Dioxide for lead-free gasoline, virgin gasoline and diesel, as of June 1, 2024,” it was officially reported.
