Permalink
Price: more rises to lower subsidies
14:32 rose tolls, airfare and micros. And it is the turn of the gas and light.
By: Antonio Rossi Unlike previous years beginning where there were almost no surprises, this time the start of 2010 is very moved by the side of public utility rates.Surrounded by the growing fiscal difficulties and the demands of the privatized companies who can not afford their debts restructured and wage increases that have been, the Government is on track to partially unscrew the trap rate affecting utilities.
The shift in tariffs began to be felt in the past three weeks. Almost in silence and without raising the partridge, the Kirchner administration and expressly authorized three increases and did not object to two other service settings. In the first case, there are hikes for airline tickets (20%), long distance buses (15%) and access tolls (from 24% to 56%). The second item displayed increases that were not vetted for cellular
the first days of January, the government looks forward to the definitions of two key services: electricity and gas.
In the waiting list are also tickets for groups, subways and trains and tolls for domestic routes. In both cases, decisions to touch the new tariffs could emerge in February or March.
Dance With the adjustments, the Ministry of Planning seeks to curb the release of the controversial tariff subsidies have not stopped growing since the beginning of the Kirchner administration.
According to data released by the Argentina Association for Budgeting and Financial Management Service (ASAP), subsidies for the energy sector in 2009 amount to $ 21,427 million. Meanwhile, money earmarked for transport companies will reach $ 15,002 million.
Thus, spending Total energy and transport subsidies this year will reach a record $ 36,430 million. For next year, if they meet the guidelines of the budget, grants to all public and private companies should not exceed $ 35,000 million.
In the case of electricity, what is at stake are the increases in "comprehensive tariff reviews (RTI) of Edenor, Edesur and Edelap.
The three electricity distributors and raised their five-year investment proposals and rates, and now expect the adoption of the adjustments ENRE 2010. The improvement in corporate earnings would be around 30%, so the impact on rates would end between 10 and 12%.
On the gas side, which is in the cattery is an adjustment of 10% on average bills for medium and high household consumption, business and industry. This increase, which was approved in October 2008 - I begin to collect all distributors less Gas Natural BAN, which already has implemented.
But beyond what the government decides, we should not rule out another "new" fare from Congress. Since March, the opposition plans to visit the controversial charge against the tariff charge created by Decree 2067/2008 which resulted in increases of up to 400% in gas service. In addition to being targeted by lawmakers, The additional fee is beleaguered by a score of court decisions that limit or prevent their billing in various cities and provinces.
0 comments:
Post a Comment