gasoline will rise 4% per month until February and 3.5% in March

gasoline will rise 4% per month until February and 3.5% in March

Thus, The fuels will be added to the Fair Prices program, which establishes the fixing of prices for nearly 2,000 basic necessities for four months, and a maximum increase of 4% for another 30,000 items.

“For us it is very important to first thank YPF, Shell, Trafigura, Axion because being able to incorporate them into the Fair Prices program allows us to follow a path of tranquility for the people. It is an agreement in which, in addition, the State undertakes to guarantee access to foreign currency for companies, especially for the supply of lubricants, to temporarily reduce taxes on fuel imports in order to guarantee supply for the agricultural sectors, especially during the months of January and February, are the most important,” said the official.

In addition, he assured that Service station workers may maintain a conversation with the Secretary of Commerce for the purpose of guaranteeing control and compliance with the Fair Prices program.

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“We know that the participation of such important companies, central to the economic life of Argentina, is key to the economy. In addition, they are among the main investors in Argentina and we value that very much. We understand that when it comes to helping to give you peace of mind and price certainty for Argentine society are of enormous help,” he added.

“All negotiations suppose mechanisms of tension and discussion, things that make us happy and things that don’t, but having arrived at this program with a path to give people peace of mind until March helps to calm the Argentine economy, helps the Government to strengthen the path of inflation reduction that we intend to follow and helps companies to give certainty to their entire value chain,” concluded Massa.

Source: Ambito

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