RIO DE JANEIRO, BRAZIL - The billions of pesos in resources that the Argentine state allocates to subsidize energy have placed Alberto Fernandez's government before a dilemma that generates a thorny debate, at a time when the South American country seeks to reduce the fiscal deficit but also to contain very high inflation.
The Argentine Minister of Economy, Martin Guzman, said last Friday that the government must be "self-critical" about the energy subsidies since they benefit high-income sectors that do not need them. At the same time, the state must make a huge fiscal effort to assist a . . .