Workers’ House Slams Gov’t Plan to Abolish Cheap Essential Imports

The Workers’ House has strongly warned against the government plan to abolish the subsidized import regime at the rate of 42,000 rials per dollar in a declaration.
The plan is part of the upcoming fiscal year’s (March 2022-23) budget bill recently submitted to the parliament by President Ebrahim Raisi.
Based on the budget bill, the government will pay the $3.3 billion “to offset price rises of basic goods, pharmaceuticals, bread and guaranteed-purchase of wheat”, local media outlets reported.
The measure must first be approved by the parliament before it is passed into law.