Sunday, December 04, 2022

Tax savings: The division will contribute more than three times as estimated by Guzman

As acknowledged by the Secretary of Energy, Flavia Royan, the tax savings implemented by this split scheme “fundamentally exceed the budget.” This is due to the fact that it was estimated that only 10% of users would suffer the loss of subsidies, which in that situation was a very small percentage compared to the number of people effectively left, either because they did not form had completed and did not meet the criteria for retaining it. , or because they have not completed the form directly. But, in addition to this, the present scheme also envisages partial subsidy taking into account the consumption, thereby effectively covering the difference between the cost of each service (especially gas and electricity) and what is paid by the users. The pressure on the Treasury will ease. ,

Of about $50,000 million compared to this year, the reduction in gas and electricity subsidies will be largely contributed by the new AISA scheme, which was not reported until about $2,000 million. But, in addition, cost savings projections also reach 2023, as water they calculated would save $45,000 million next year and with reductions in electricity and gas, annual savings would reach $455,000 million.

In addition to slashing funds for subsidies for public services, Treasury Secretary Ral Rigo said at the press conference that all spending by the state has been considered in the budget update published last June and that there will be no more in the future. Update.

Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.

Latest News

Related Stories