To continue with the story of inflation, Milei kicked off increases in electricity, gas and a tax

To continue with the story of inflation, Milei kicked off increases in electricity, gas and a tax
To continue with the story of inflation, Milei kicked off increases in electricity, gas and a tax

Despite the maxim of the fiscal deficit and the maxim that prices were delayed and the market is the only one that should decide them, without distortions from the State,

In line with maintaining the story that there is a “path” of decreasing inflation and being able to maintain the number that the INDEC will communicate in the order of one digit during the months of April and May, the Minister of Economy, Luis Caputodecided to postpone the increase in electricity, gas and fuel, scheduled for May 1, with the aim of “not to burden the middle class with more expenses for the moment.”

Last night it was learned that the Government decided that there will be no increases in electricity and gas bills during May. As of this Wednesday, the formula for monthly updating of gas and electricity rates that the Executive Branch designed so that the increases granted do not lag behind inflation should begin to take effect.

However, the regulatory entities of both services, Enargas and ENRE, respectively, did not publish the new tariff tables pending a definition from the Economy.

On the other hand, the government of Javier Milei He also announced the publication of a Decree in the Official Gazette, through which the date on which the increase in the Fuel Tax would take effect would be postponed. Therefore, during May there will be no update of that item in the price per liter of gasoline and diesel, which increased anyway.

“The National Government decided to defer the update corresponding to the fourth quarter of 2023 of the Taxes on Fuels and Carbon Dioxide for unleaded gasoline, virgin gasoline and diesel, to June 1, 2024,” it was officially reported. .

After the suspension of increases in gas, electricity and fuel, a user of begins to collide with the basis of the economic program: eliminating the deficit from the State accounts.

“Toto” Caputo took advantage of that tweet to make public the Government’s excuse: “It is exactly the opposite of what you conclude. Because we are comfortable fiscally, we prioritize lowering inflation and not burdening the middle class with more expenses at the moment.”



 
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