Gasolinazo: Argentines Brace for a 30-40% Gas Price Hike
‘Last October, Argentines protested much larger increases of between 300 and 400 percent for residential consumers and up to 500 percent for businesses.
As unions prepare a general strike against his government’s policies, Argentine President Mauricio Macri plans to increase gas prices by between 30 or 40 percent, the country’s energy minister announced.
Argentinean minister of Energy and Mining, Juan Jose Aranguren, announced the increase – the first of the year – this Friday.
Aranguren added that the scheduled increases for November and April 2018, “would be evaluated at another time or meeting.” The gas hike will begin as of Apr. 1 by upwards of 40 percent, local media reported.’
Read more: Gasolinazo: Argentines Brace for a 30-40% Gas Price Hike
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