VOICED : Tarifas de transporte publico aumentan hasta 60% en Argentina

The Argentine government announced significant increases in public transport fares in Buenos Aires, ranging from 30% to 60%, as part of efforts to reduce the fiscal deficit projected at 3.5% of GDP. The government has not specified the impact on inflation, which was recently revised from 10% to 15%. Public services, previously heavily subsidized, have seen a 400% increase in the last two years. Further announcements on fuel and utility price hikes are expected soon.

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