Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Argentina to Eliminate Subsidies to Industries, La Nacion Says

Don't Miss Out —
Follow us on:

Nov. 20 (Bloomberg) -- Argentina plans to implement a gradual and complete elimination of subsidies on gas, electricity and water for industrial and commerce sectors, newspaper La Nacion reported citing unnamed government sources.

President Cristina Kirchner is “overseeing the process and will determine the timing” of the elimination of subsidies, the Buenos Aires-based daily said.

The government will decided on the gradual elimination of subsidies one case at the time in order to avoid effects in general consumer prices. The decision on subsidies is being coordinated by the ministries of Economy and Planning, Commerce, and Industry, La Nacion reported.

Argentine’s government is also considering suspending subsidies for passenger and weight transportation, La Nacion said.

Story Link:{NSN LUYK026KLVR4<GO>}

To contact the editor responsible for this story: Jose Enrique Arrioja at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.