BUENOS AIRE (Reuters) – Argentina’s government declared Monday that it would help the most in need to manage the country’s soaring price rises as part a special assistance program. This will be funded by taxes paid on businesses who have made unexpected profits from the Ukraine war.

The measure includes workers who will be paid 18,000 pesos ($158), and retired people will get 12,000 pesos (106).

According to the government, the tax will be levied on any companies that received “unexpected income” from the conflict in Ukraine. It would apply to companies that earn more than 1 billion pesos per annum.

While presenting the plan with President Alberto Fernandez, Economy Minister Martin Guzman stated that a bonus would be given to offset inflation.

The total program cost and details of tax rates were not reported by the government. The congress still must approve this proposal.

Argentina’s March inflation rate was 6.7% last week, which is the highest level in 20 years. In March, the annual inflation rate climbed to 55.1%.

Fernandez stated that “there is an urgent need in the most neglected sections of society.” Fernandez stated that inflation is a problem both locally and internationally.