The Argentine government has decided to postpone the effects of tax increases on liquid fuels and carbon dioxide, according to a decree published this Wednesday (1st). According to the document, the readjustment was postponed by a month, coming into effect only at the end of April. According to the government, the measure seeks to support economic growth through fiscal policies considered sustainable, in a scenario of high volatility in energy prices. This is the second initiative adopted by President Javier Milei in recent days to mitigate the effects of fluctuations in the energy market, intensified by the conflict in the Middle East. Last Friday (27), the government had already relaxed gasoline quality rules, allowing local refineries to voluntarily mix up to 15% ethanol to fuel, with the goal of reducing dependence on oil.
This text was translated by machine from Brazilian Portuguese.