2000News

AmCham and Chamber of Deputies president favor increasing petrol prices now

The president of the American Chamber of Commerce, Andres Aybar and the president of the Chamber of Deputies favor the internal adjustment of petrol prices so these may reflect increases in the international market. Aybar was interviewed following the luncheon of the American Chamber of Commerce. He said that to wait another 60 days for the start of the next government could affect the macroeconomic stability of the nation. Rafael Alburquerque, president of the Chamber of Deputies, also favors an increase. She said that the Commission of Finances of the Chamber of Deputies is studying a bill that would establish mechanisms for prices to automatically adjust themselves depending on international market prices. President Fernández submitted it in November 1999. The Ley Tributaria para los Combustibles Fósiles y Derivados del Petróleo will be placed on agenda as soon as a report from the commission is received, said Alburquerque.