Raisi and Experts Discuss the Endless Subsidy Saga

In a meeting with President Ebrahim Raisi late Tuesday economists again raised years-long concerns over the controversial procedures to allocate subsidized currency for import and ways to put a permanent end to the apparently failed strategy.
The former government over three years heavily subsidized the currency for importing food and basic goods ($1=42,000 rials).
The rate was, and is, a seventh of its value at the open market.