$900m in Subsidized Forex for Importing Essential Commodities

The Central Bank of Iran allocated $1.4 billion for the subsidized import of essential goods over the two-month period from Feb. 1 to April 20, an official with the Central Bank of Iran said. 
“These resources are part of funds earmarked in the budget law for the first six months of the current fiscal year [started March 21]. Of this figure, $900 million have been supplied to importers. The supply means importers have purchased the foreign currency and the central bank has allowed the payment from the account of sellers,” Shiva Ravoshi also told IRIB News. 
The budget law has approved the allocation of $6 billion for the subsidized import of essential goods at the rate of 4,200 rials per US dollar in the first six months of the current Iranian year.