The government will submit a bill on overhauling the policy of subsidized imports to the parliament in the near future and the latter is ready to start the reform process of this controversial scheme, Alireza Salimi, a parliamentarian, broke the news to Tasnim News Agency.
According to official statistics, a total of 5,000 trillion rials ($17.85 billion) have been spent on the distribution of cheap dollars (at the exchange rate of 42,000 rials per US dollar) among importers of essential goods over the past four year, Hossein Haqgou, an economic analyst, wrote for the Persian daily Ta’adol. A translation of the article follows:
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