Iran subsidies
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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…
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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…
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Iran’s Basic Income Scheme Didn’t Make People Lazy
EghtesadOnline: One of the biggest criticisms of basic income, a system of giving people modest salaries just for being alive, is that it discourages people from working.
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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…
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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.
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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.
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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…
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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,…
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$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).
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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.
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Subsidies Not Benefiting Wheat Farmers
EghtesadOnline: The government pays 60 trillion rials ($1.58 billion) in wheat subsidies annually.
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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…
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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…
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Cash Subsidy Scheme Taking Heavy Toll on Gov’t Finances
EghtesadOnline: The lion’s share of revenues earned from the removal of subsidies on fuel is spent on paying cash handouts to households, the government spokesman said.