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Argentina might leave the fuel price regulation to retailers
July 2, 2018
Source: Reuters

Argentina might leave the fuel price regulation to retailers

An official at the Energy Ministry of Argentina has revealed that the government is planning to permit fuel retailers to set pump prices at will, from August. Experts are viewing this move as an encouragement towards a desperately needed investment in the nation’s oil patch. However, sky-high inflation and angering consumers might be the price President Macri’s government have to pay to shoulder this decision.

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