The Government Accumulates a Million Dollar Debt with Gas Companies to Sustain the Fiscal Surplus

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The Treasury delays payments to producers who are under the Gas Plan.Ar; companies warn that arrears and lack of interest recognition “put investment plans at risk”

Noticias Argentinas | Agencia de noticias

Factuality

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Javier Milei’s government owes more than $300 million in payments to companies responsible for producing gas in the Argentine Republic. Luis Caputo’s Ministry of Economy owes 45% of the gas bill corresponding to June (equivalent to $150 billion), added to the July bill that expires today ($360 billion). If it moves to the wholesale exchange rate, located today at $1,430, the government’s debt to gas companies amounts to $350 million.