Bloomberg News

Argentina May Eliminate or Reduce Some Subsidies, Boudou Says

November 02, 2011

Nov. 2 (Bloomberg) -- Argentina may need to eliminate or reduce some energy subsidies, Economy Minister Amado Boudou told reporters in Buenos Aires.

A new commission will study changes to the country’s energy subsidies with the goal of ensuring equality, competitiveness and full employment, Boudou said at a news conference with Planning Minister Julio De Vido.

To contact the reporter on this story: Eliana Raszewski in Buenos Aires at eraszewski@bloomberg.net

To contact the editor responsible for this story: Bill Faries at wfaries@bloomberg.net


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