Subsidized Import Forex to Stay

The controversial plan allocating cheap foreign currency for import will continue in the next fiscal year (starting March 20). 
The decision is part of the revisions made to the draft of the next fiscal budget after it was rejected by Majlis earlier in the month. 
Speaking in a parliamentary session on Tuesday while submitting the new budget bill, Mohammad Baqer Nobakht, the head of Plan and Budget Organization, said the subsidized foreign currency allocation policy has been envisioned to stay in the first six months of the next fiscal year (ending Sept. 21). 
"In the revised draft, we tried to avoid any potential shock to markets and prices," he was quoted as saying by IRNA.