If approved, the measures will have a relatively modest fiscal impact in the short term, but will help to contain the expansion of current government expenditures over time.
The focus there is really trying to reduce exposure to this discretionary purchases from low income consumers and if you watch them today there is a lot of these people in this country that are living on paycheck-to-paycheck and without savings and any movement or economic event really has an impact on them on a current basis relative to their expenditures.
High international crude prices have exacerbated the government's fuel subsidy expenditures contributing to a higher fiscal deficit, and a worsening current account deficit.