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Montevideo, December 22nd 2024 - 17:42 UTC

Tag: Argentine subsidies

  • Tuesday, February 11th 2014 - 08:18 UTC

    Subsidies in the Argentine economy totaled an estimated 4.9% of GDP in 2013

    Cheap prices for energy and transport continue to absorb Argentine budget resources

    Economic subsidies for Argentine public and private companies last year totaled an estimated 143 billion pesos, or 4.9% of GDP, the highest level in eight years, according to a joint report by the Professional Council of Economic Sciences (CPCE) and the Argentine Institute of Fiscal Analysis (IARAF) released this week, and which was summarized by the Buenos Aires Herald.