Free Trial

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

ARGENTINA

Argentina projects 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)

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.