Metrics Are Under Review to Slowly Remove Forex Subsidy

The Economy Minister Ehsan Khandouzi said Tuesday the government is determined to take the first step towards gradually eliminating subsidized currency in this fiscal year.
"For sure the government will start making changes to the current system of distributing subsidies; however, the mechanism of implementing the plan as well as its timeline, prioritized essential goods and other details are still being studied and discussed by the government, since any decision in this regard can and will have a huge impact on the economy," Khandouzi said, IRNA reported. 
He added that the government seeks to raise the predictability of the economy "though I admit that in some cases we have failed to achieve this goal."