14 / January / 2018 24:04

Poverty Aid Budget Increases by 75%

EghtesadOnline: In the budget bill for the next fiscal year (starting March 21), the government has allocated 70 trillion rials ($1.62 billion) to provide aid to underprivileged households and individuals covered by the State Welfare Organization and Imam Khomeini Relief Committee–75% more compared to resources allocated in the current year for the same purpose, the spokesman of Plan and Budget Organization of Iran’s Budget Headquarters said.

News ID: 781135

Noting that financially supporting those covered by SWO and IKRC carried a price tag of 40 trillion rials ($930.23 million) for the government in the current fiscal (March 2017-18), Amir Baqeri added, “The aid for a single-person household reached 2 million rials ($46.5) this year and households of five members saw their monthly allowance increase from 3.4 million rials ($79) to 7 million rials ($162).” The government is eager to lend support to the needy and even include all individuals whose income is below the minimum wage of 9.3 million rials ($216) set by the government, according to Financial Tribune. 

 

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