Government will absorb increase

[NewsWhore]

The government has decided not to increase the energy rates and has chosen to absorb the increase instead. The electricity price increases are a direct result of the increase in international petroleum prices, which have reached US$90 per barrel for the first time in history. State-run Electricity Company vice president Radhames Segura said that the government based the decision on the fact that electricity prices in the country are already high.

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