Commerce and Energy agreed to renew the Fair Prices Program to stabilize prices for the next four months.
He Government agreed with the oil companies that the fuel price get on 4% monthly in the case of naphtha and the gasoilfrom this Saturday April 15 until the August 15th next.
The Secretaries of Commerce and Energy agreed to renew the Fair Prices Program for fuels.
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They thus renewed the agreement Fair Prices with the oil sector for stabilize fuel prices for the next four months. Through a statement, the Commerce secretary reported that this measure seeks “protect consumers and promote stability in the market”.
In this regard, the secretary of Trade, Matias Tomboliniremarked that “the signing of this agreement allows us to give a sign of predictability to consumers, users and companies and, in addition, accompanies the road map established by Minister Massa that encourages us to sustain the fiscal balance and take care of reservations“.
According to what was reported, the main oil companies -YPF, PAE, Raizen (Shell) and Trafigura- initialed the deal.
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For his part, the Secretary of Energy, Flavia Royonhighlighted “the effort made by companies to accompany the initiative of the State in the way of contain prices and anchor the inflation expectation so that this does not have an effect on people’s pockets”.
Source: Ambito
