Tag: Argentina subsidies reduction

• Saturday, March 29th 2014 - 05:43 UTC

  Argentina denies the subsidies reduction will have an inflationary impact

  

  Argentina's new subsidies’ scheme will have an “insignificant” impact on prices since the whole package basically involves a 'redistribution' of funds, argued Cabinet Chief Jorge Capitanich, emphasizing the decision aims at “encouraging the rational and responsible use of public services.”