[HIGHLIGHTS] The Government is evaluating raising a tax and gasoline could rise 11% from Thursday

The Government is evaluating raising a tax and gasoline could rise 11% from Thursday. Super gasoline could reach $775.

It would add half a point to February inflation. The fuel tax was created by law in 1998 and during the administration of Mauricio Macri, it was updated quarterly, adjusted to CPI inflation, and then postponed in 2019 and frozen from 2021. For the director of the IARAF, Nadín Argañaraz, if the government updates the fuel tax based on the accumulated delay, the price of gasoline could increase by 25%.