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BUENOS AIRES: A federal court in Argentina blocked the government’s move to slash electricity subsidies, an unpopular policy that has sent customers’ bills soaring.

Judge Martina Forns suspended President Mauricio Macri’s much-hated rate increases indefinitely, in a nationwide ruling on Wednesday.

It is just the latest legal setback for Macri’s move to eliminate subsidies for electricity, gas and water implemented under his predecessor, Cristina Kirchner.

A flurry of court challenges had already forced the government to cap the rate increases for gas at 400% for homes and 500% for businesses.

The cases were filed after Argentines’ utility bills initially shot up an average of 700%.

The Macri administration has appealed that ruling.

It can also appeal Wednesday’s decision. — AFP