They say Argentina's public services are the cheapest in the region

Argentina's energy and transportation users still pay lower rates than countries in the region, despite tariff adjustments over the last three years, according to a report by the Institute of Reality Studies in Argentina and Latino American (IERAL).

The work of the Mediterranean Institute Foundation has highlighted that in 2002, the average user paid 97% of the cost of electric power, but that in 2015, the rate does not covered more than 15% of the total.

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As a result of successive updates made since 2015, the user paid electricity tariff covers 72% of the cost of power generation and distribution.

Even like that, The average rate of US $ 0.11 per kWh paid by users in Argentina is significantly lower than that of Uruguay (-52%), Peru (-42%), Brazil (-42%), Chile (-39%) and United States (-21%), according to the IERAL badysis.

In transport-related posts, the rate rebalancing that began in late 2015 was "significant," the report admitted, but Argentina still has low rates compared to the rest of the region.

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The price of The fuel is above the United States and Colombia, but is lower than Uruguay (-34%), Chile (-13), Peru (-8%) and Canada. Brazil (-6%).

In what he does for public transport, the average tariff of Argentina at 0.44 USD is compared with 0.88 USD in Brazil, 0.90 USD in Uruguay and 0.97 USD in Chile.

similarly, the metro in Argentina to 0.42 USD compared to 1 USD in Chile and 1.07 USD in Brazil

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Beyond the cost of tariffs, IERAL also pointed out that "the changes that have taken place in recent years have had a macroeconomic effect" since the recovery in energy supply and a more controlled demand have led to a marked reversal. of the trade balance of energy.

This equation went from a deficit of $ 4.6 billion in 2015 to near equilibrium in the first half of 2019.

In turn, fiscal accounts have also improved significantly as a result of the sharp reduction in subsidies from the equivalent of 4.8% of GDP in 2015 to just 0.5% of GDP between January and May. . 2019.

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