The government postponed the increase in fuel taxes until October to avoid a spike in inflation.
World1 source1 country🔦 Under-reported28m ago
The Argentine government has officially postponed the scheduled update to fuel taxes, moving the implementation date from September 1 to October 1. The decree-backed measure aims to prevent an immediate increase in inflation.
In a separate regional development concerning fuel pricing, the Spanish government announced an expansion of its diesel tax rebate. Effective Tuesday, the reduction on the Hydrocarbons Tax for gas oil will increase significantly from five cents to twenty cents per liter, providing relief for drivers.
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Infobae (Buenos Aires, Argentina) (AR)Focuses on Argentina delaying fuel tax hikes to curb inflation.
Infobae (Buenos Aires, Argentina) (AR)Highlights Spain quadrupling its diesel tax rebate for drivers.