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Brazil & Southern Cone - August 2016 (ISSN 1741-4431)

Energy minister faced grilling ahead of supreme court ruling

Argentina’s embattled energy and mining minister, Juan José Aranguren, appeared before congress on 16 August to take questions about the government’s controversial utility tariff increases. The supreme court (CSJN) is expected to rule imminently on the legality of the natural gas and electricity price rises decreed by the government, after they were blocked by a lower federal court. President Maurico Macri has continued to defend the increases as a necessary part of the government’s efforts to get the domestic economy back on track and warns that much-needed investments in energy sector infrastructure will not be possible otherwise, given the current tight fiscal environment.

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