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Government Expects Saving Up To 0.5% GDP From Subsidy Cuts in 2023

ARGENTINA

Argentina expects 2022 savings to be “a third” of 2023 estimates, according to preliminary forecasts cited by Treasury Secretary Raul Rigo.

  • The country expects to save 45 billion pesos in water subsidy cuts in 2023, officials said in a press conference
  • Argentina expects to save 47.5 billion pesos in gas and electricity subsidy cuts
  • Argentina to reduce gas subsidies in Sept., Nov. and Jan. (All BBG)
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Argentina expects 2022 savings to be “a third” of 2023 estimates, according to preliminary forecasts cited by Treasury Secretary Raul Rigo.

  • The country expects to save 45 billion pesos in water subsidy cuts in 2023, officials said in a press conference
  • Argentina expects to save 47.5 billion pesos in gas and electricity subsidy cuts
  • Argentina to reduce gas subsidies in Sept., Nov. and Jan. (All BBG)