Monday, December 20, 2010

Post-Subsidy Iran: Shares Instead of Cash

Iran’s economy minister said today in Tehran that the government is considering switching the monthly cash payouts to 80% of the population to shares in government-controlled entities. The $40 monthly cash payouts were designed to help the public to cope with significant cuts in government subsidies, which started on Sunday. Switching from cash to shares is seen as an attempt to check the expected rise in inflation in the post-subsidy economy.

8 comments:

Anonymous said...

Sounds like massive share dillution to me! LOL!

Anonymous said...

The whole thing is a very right step in the right direction.

Thank God Iran does not have economists like the US,otherwise you can imagine what would have happened..

Go Iran Go

Illuminati

Anonymous said...

[The whole thing is a very right step in the right direction]

Hello Herr Goebbels!

As always you are correct......things appear to be great for the Iraian people, their standard of living is better than most and they also enjoy more freedoms, keep up the good work!

LOL!

Anonymous said...

One hell of a Fox news consuming Tea party member who has Pallins poster in your Bathroom to jack off when going gets tough

Calling everybody Hitler and Goebles when against your opinion...Shame on you

F. You deep and hard last anon with the LOL sig.

Illuminati

Anonymous said...

Instead of a few smugglers and the sons of Rafsanjani benefiting from the subsidies, now the money is bein dsitributed and thgey can do with it whatever they want.
why should the wealth of a nation be burnt by a few with cars and those with none get the cancer of it
Those critisizing it understand nothing and I mean nothing

Dariush London

Anonymous said...

Following price hike, Iranian truckers stay off the roads

December 21, 2010; 12:05 PM

TEHRAN - Thousands of Iranian truck drivers in several cities began a second day of strikes on Tuesday following a dramatic increase in the price of diesel fuel, transportation company representatives said.

http://www.washingtonpost.com/wp-dyn/content/article/2010/12/21/AR2010122102522.html

Anonymous said...

Those truck drivers and their family will be punished

Go Iran Go

Anonymous said...

The last comment came from an IP in Eye-Srael and not from Illuminati

Illuminati