Subsidy Credit Cards Planned

The government is planning to give subsidies via credit cards from the beginning of the next Iranian year in March to replace forex subsidies, a deputy minister of economy said.
"Subsidy credit cards will be available by the end of the current fiscal year and will be used by the government for allocating subsidies paid on foreign currency," ILNA quoted Hadi Sobhanian as saying Friday. He did not elaborate. 
The forex subsidy ($1=42,000 rials) offered by the former government under Hassan Rouhani is seen as highly controversial by some economists and the Raisi administration.