Tag: natural-gas and water subsidies

• Friday, March 28th 2014 - 08:29 UTC

  Argentina begins natural gas and water subsidies reduction in three stages

  

  Argentina will cut expensive natural-gas and water subsidies this year which will have an increase impact in utilities' rates between 20% and 80% on average. The gas and water subsidies reduction will reach 80% of top consumers and the accumulative impact will range from the equivalent of 2.5 to 102 dollars, said the Ministry of Economy in a release.