Friday, December 17, 2010

Subsidy Reforms to Start on Saturday

According to informed sources in Tehran, President Ahmadinejad on Saturday will announce the start of long-awaited subsidy reforms. Sixteen consumer products will gradually lose all government subsidies within the next five years. The list includes gasoline, diesel, natural gas, kerosene, electricity, water, bread, sugar, rice, cooking oil and milk. Helping people to cope with expected sharp rise in prices, the government has started handouts of $40 per month to 80% of the citizens.


Curious said...

What is the average salary?

Can you elaborate on the impact of the reforms on the average Iranian?

Anonymous said...

If they can pull of this economic reform in the midst of enduring a foreign imposed economic war directed at the country, it will be a major accomplishment of the first order.

Anonymous said...

yeah, do not think they can, postponement after postponement. The people will use it to get rid of these murderous evil regime. Subsidy cuts will speed up its fall. Khamenei will exit the scene together with its Basjii scum the same way Ceausescu 'went away'.