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Financial News: ARGENTINA: Macri Asks Provinces To Eliminate Taxes On

ARGENTINA: Macri Asks Provinces To Eliminate Taxes On Services

04/23/2018 - 18:27:00 (RTTNews)

(RTTNews) - After the controversial twists and turns over the increase in public service tariffs in Argentina during the past week, President Mauricio Macri went out to ask the municipalities and the provinces to eliminate the taxes on services. He also asked Argentineans to save energy, to pay lower bills consequently.

The president's request was broadcast live through Facebook and occurred as part of a visit to Vaca Muerta, in the province of Neuqu?n, world's second largest reserve of shale gas and the fourth of shale oil.

"I want to ask the municipalities and the provinces to eliminate the taxes they charge on public services to help alleviate the burden on consumers," Macri said. "Taking care of the consumption of gas and electricity, we will also take care of the bill, and it is not an impossible challenge," he added.

Last week, after a meeting between the government and leaders of the ruling bloc in Congress, it was decided that the payment of the last increase would be postponed in three bimonthly installments from May to August. An official announcement has not yet been made.

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