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Montevideo, August 14th 2022 - 04:10 UTC

Tag: gas rate Argentina

  • Friday, August 19th 2016 - 12:59 UTC

    Argentina's Supreme Court rules gas rate increases must be rolled back

    In a unanimous decision, the top court ruled the government must hold public hearings before implementing any rate increase for residential customers.

    Argentina's Supreme Court on Thursday blocked President Mauricio Macri's move to slash natural gas subsidies, a much-hated policy that has sent customers' bills soaring. The ruling is the hardest blow yet to the business-friendly president's move to eliminate electricity, gas and water subsidies which he says are bloating the deficit and sapping the struggling economy.