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Media Subsidies Reach $23m Annually

Mar 12, 2017, 2:49 PM
News ID: 11765

EghtesadOnline: The government grants 860 billion rials ($22.9 million) worth of subsidies to media groups every year.

Minister of Culture and Islamic Guidance Reza Salehi Amiri added that in the current Iranian year, more than $20.2 million of the total sum have been granted and the rest will be allocated by the yearend, according to Financial Tribune. “Subsidies paid to state-owned media organizations have come to a halt. At present, only private groups are entitled to subsidies,” Amiri was quoted as saying by the Persian economic daily Tafahom.