Argentina will raise fuel taxes in May.

THE government of Argentina announced this Thursday (30) that will raise fuel taxes starting May 1st., as part of their strategy to restore tax revenue The tax on gasoline It will increase by 10.398 pesos per liter due to a tax on liquid fuels and by 0.637 pesos due to a environmental taxIn the case of dieselTaxes will increase by 9.269 pesos per liter because it is a liquid fuel, with a rate of 5,019 pesos for the regions of PatagoniaAnd there will also be an increase of 1.056 pesos per liter due to the tax on carbon dioxideOne of the objectives of the Argentine government is to contain the rise in oil prices and the country's inflationdirectly affected by conflict in the Middle EastA Monthly inflation in the country rose to 3.4% in March.The Argentine government has adopted a a series of fiscal measures to balance public accounts.including spending cuts and subsidy reviews. A Updating fuel taxes is part of this set of actions..

This text was translated by machine from Brazilian Portuguese.