tag Iran subsidies

Subsidy Plan Revenues to Reach $8.6b

EghtesadOnline: The Majlis Joint Commission has set the ceiling for revenues from the Subsidy Reform Plan at 370 trillion rials ($8.6 billion) for the next fiscal year (March 2018-19), out of which 230 trillion rials ($5.34 billion) will be paid to Iranian households in the form of cash or non-cash subsidies, the spokesman of the commission said.
|
Publish Date:14/January/2018 | 24:22

Iran’s Non-Targeted Subsidies to GDP Ratio Highest in NENA

EghtesadOnline: Iran ranks first among countries in the Near East and North Africa region when it comes to fuel and food non-targeted subsidies as a percentage of GDP, according to a new FAO report published on Dec. 21.
|
Publish Date:25/December/2017 | 06:14

Think Tank Studies Impact of Throwing Money at Economy

EghtesadOnline: A 500,000-rial ($13.3) rise in cash subsidy payments for each Iranian will result in a 6.4% increase in consumer price index the following year, pushing up the inflation rate from 11.2% to 17.6% by the end of the current Iranian year (March 20, 2018).
|
Publish Date:13/May/2017 | 09:21

Govt. steeply raises cash handouts for Iranians

EghtesadOnline: Impoverished families in Iran will get a raise of up to 50% in monthly allowance, under a program which had been adopted for sometime but will go to force from Saturday night.
|
Publish Date:15/April/2017 | 13:33

Have-Nots to Receive More Cash Subsidies

EghtesadOnline: The government’s monthly grant of cash subsidies to families and individuals with limited resources who receive aid from the State Welfare Organization and Imam Khomeini Relief Committee will rise in accordance with the budget law, a statement by the Organization of Targeted Subsidies reads.
|
Publish Date:15/April/2017 | 09:16

Higher Cash Subsidy Payment: Mirage or Reality?

EghtesadOnline: With an eye to the May 19 presidential election, Hamid-Reza Baqaie, a probable presidential candidate who happens to be one of former president Mahmoud Ahmadinejad’s close confidants, has promised to raise monthly cash subsidy payment to 2,500,000 rials ($65.7) if he is elected to the office.
|
Publish Date:06/April/2017 | 17:27

Government Spokesman: 4.85m Cut From Cash Subsidy List

EghtesadOnline: Government Spokesman Mohammad Baqer Nobakht said on Saturday that 4,853,386 people have been removed from the list of cash subsidies recipients as of January 20.
|
Publish Date:05/March/2017 | 16:39

The Chronicles of Subsidy Reform

EghtesadOnline: A paper recently authored by economists Roman J. Zytek and Mohammad Reza Farzin has reviewed the experience of Iran’s Targeted Subsidies Reform. The study addresses several criticisms of the key elements of the reform design, implementation record and broader economic and social impact, identifying and elaborating on the most critical design and implementation shortcomings.
|
Publish Date:02/February/2017 | 19:34

No Tripling of Cash Subsidies

EghtesadOnline: To raise cash subsidy payments to 2.5 million rials (about $66) per head, the prices of energy carriers need to rise sixfold.
|
Publish Date:06/May/2017 | 14:37

$9.9b Earmarked for Cash Subsidies Next Year

EghtesadOnline: Lawmakers voted on Saturday for the government to earmark 375 trillion rials ($9.91 billion) for cash subsidies in the new Iranian year (to start March 21, 2017).
|
Publish Date:06/March/2017 | 05:43

Cash Subsidies Hit $60 Billion in 7 Yrs.

EghtesadOnline: Around 2,400 trillion rials ($60 billion at market exchange rate) have been paid as cash subsidies under the so-called "Subsidy Reform Plan" ever since the controversial scheme came into effect in 2010.
|
Publish Date:22/January/2017 | 05:41