As part of the agreement that the Government established with the IMF (International Monetary Fund), it must re-segment the subsidies that it provides for gas and electricity rates, for which there will be public hearings from this Tuesday.
In total, there will be three public hearings successive steps to define the price update and the new subsidy segmentation, so whatever is defined in the days it will also be key for inflation in the coming months.
In this regard, the Government indicated that during the public hearings are expected to establish “reasonable rate levels that can be applied with criteria of justice and distributive equity”.
Although the increases will take effect from June, the Executive Power expects that they will be given gradually and that the subsidies will reach the most vulnerable families.
For this, the Ministry of Economy established a series of criteria to define who would no longer receive the economic benefit; among them, those who have incomes greater than 3.5 total basic baskets (CBT).
This, since the Executive will establish the new segmentation, according to the payment capacity of each user, which indicates that 921,778 users of electricity and 760,600 of residential gas will no longer receive the subsidy.
In addition, the Government points out that with the update of prices the “adoption of measures that promote the rational use of services and the reduction of environmental impact”.
What will the discussions in the public hearings be like?
The days They will start this Tuesday at 10:00, with the discussion about the new prices at the Point of Entry to the Transportation System (PIST). The debate will take place through the Webex Platform.
Then on Wednesday the new seasonal reference prices of the Seasonal Price of Electric Energy (PEST) will be discussed and on Thursday the new segmentation for the delivery of subsidies will be discussed.