Government Doubled Subsidy Spending Despite Increases in Electricity and Gas Tariffs

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The government more than doubled the spending on subsidies to electricity and gas tariffs in the beginning of 2026, representing a sharp change in trend for one of the main pillars of the fiscal adjustment faced by Javier Milei. Although the bills continued with the rise and the reduction in the last two years of beneficiaries of assistance on the ballot was deepened, the costs of the energy system grew faster and forced to increase again the st…