Domestic Economy
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Call for Real Economic Surgery

Call for Real Economic Surgery
Call for Real Economic Surgery

The removal of subsidies and the distribution of part of its freed-up resources among a small group of people is a hackneyed story that is retold under a new name each time. 
Under the shadow of current inflationary pressures, any subsidy based on the distribution of cheap goods turns into a huge burden on the government budget after a few years and requires a new plan. This was stated by Davoud Souri, an economist, in an article for the Persian economic daily Donya-e-Eqtesad. A translation of the text follows: 
On April 22, 2018, a couple of days after the introduction of subsidized foreign currency, I wrote in an article titled “Let’s Get Back to the Rationality of Economics”: “Logically, governments need to avoid policies that might later require snap decisions that cause anxiety among people.” 

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