A well-informed source says Finance Minister Antonio Palocci hopes the Federal High Court will rule in favor of a telephone tariff increase based on the IGP-DI inflation index, in accordance with the terms of the incumbent local exchange carriers? license. The economic team sees more benefits from credibility than problems from the higher increase in terms of its impact on inflation. Moreover, the finance ministry prefers a one-off increase to a staggered hike to get the impact on inflation over quickly at a time when price indices are falling rapidly. From now on the IGP-DI is set on a sharply declining course, the ministry believes.
Tariffs
