[HIGHLIGHTS] Rates: the IMF expects increases of up to 200% in February and the Government would announce increases in electricity in the next few hours

The IMF expects energy rates to rise up to 200% in February. The organization said that the subsidies are "inefficient" The Government is preparing an imminent increase in electricity, but only for the highest-income sectors.

The gas adjustment was postponed to March after a public hearing on electricity rates. The Government seeks to replace the segmentation of subsidies in electricity and gas implemented by Alberto Fernández's administration, with an energy basket for "vulnerable" sectors, but definitions are lacking.