Governor of the Central Bank of Iran Abdolnaser Hemmati says “the government is not yet decided on the mechanism” of allocating $14 billion in subsidized currency for basic goods for the next fiscal that starts on March 20.
Hemmati told reporters Wednesday that 2-3 proposals have been made in this regard and the CBI, Ministry of Industries, Mining and Trade, and Ministry of Agricultural Jihad “have explored the subject from different perspectives.”
Head of the Plan and Budget Organization had said earlier that the government is looking at three options regarding allocating the multi-billion-dollar subsidies importing essential goods for the coming calendar year.
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