tag subsidies

Expert Highlights Challenges of Eliminating Subsidies

EghtesadOnline: The removal of cheap foreign currency and hidden subsidies and their impact on inflation are really a minor concern; the main worry is lack of information to determine eligibility criteria and identify target population groups for subsidy allocation, Kamran Nadri, an economic expert wrote in an article published in the Persian exconomic daily Arman-e Melli. Translation of the full text follows:
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Publish Date:09/October/2021 | 14:01

35% of Targeted Subsidies Resources Not Realized

EghtesadOnline: Thirty-five percent of the resources estimated for the implementation of the Targeted Subsidies Law were not realized in the eight months to Nov. 20 due to the decline in oil revenues and lower domestic gasoline consumption following the outbreak of the new coronavirus and reduction in journeys, an official with the Plan and Budget Organization of Iran said.
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Publish Date:13/December/2020 | 18:13

World Bank Decries Subsidies

EghtesadOnline: Trillions of dollars are wasted on subsidies for agriculture, fishing and fossil fuels that could be used to help address climate change instead of harming people and the planet, a World Bank report says.
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Publish Date:20/June/2023 | 22:17

Iran Gov’t Paying New Subsidies After Gasoline Price Hike

EghtesadOnline: Since the government got the ball rolling on gasoline price reform on Nov. 15, by rationing and raising the price of fuel by at least 50%, officials such as Oil Minister Bijan Namdar Zanganeh have declared that revenues earned from the new fuel price hike, in their entirety, would be redistributed among the people.
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Publish Date:25/November/2019 | 11:48

Car Buyers: Let Competition Prevail

EghtesadOnline: Car buyers in Iran support privatization and a free market approach to the key industry and oppose generous state and government subsidies for the inefficient sector, a survey conducted by Iran Standard and Quality Inspection Company showed.
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Publish Date:27/January/2019 | 14:27