Parliament Against 50% Gas Price Rise
Parliament Against 50% Gas Price Rise

Parliament Against 50% Gas Price Rise

Parliament Against 50% Gas Price Rise

Most lawmakers are against a sudden increase in gasoline prices because it will give rise to an inflationary shock, the deputy chairman of Majlis Energy Commission said. Noting that the parliament is not against a reasonable increase in gas prices, Hedayatollah Khademi added that “a drastic increase is dangerous and would hit industries and manufacturing jobs”. Following the unveiling of budget bill last week, Government Spokesman Mohammad Baqer Nobakht hinted that gas prices may increase by 50% to reach 15,000 rials per liter (35.7 cents), Mehr News Agency reported.


Short URL : https://goo.gl/BfsbzE
  1. https://goo.gl/wyveSg
  • https://goo.gl/peb64e
  • https://goo.gl/gypK6o
  • https://goo.gl/BYztAQ
  • https://goo.gl/nYxQ6c

You can also read ...

FATF Gives Iran Until February to Complete Reforms
The international group that monitors money laundering...
EU Mechanism for Iran Trade Pursues Long-Term Targets
France’s Foreign Ministry said on Thursday the creation of a...
Tehran Market: Gold Prices Move Toward Relative Calm
Gold prices are relatively stable according to the head of...
Iran Private Sector Businesses Dispirited Over Economic Conditions - Report
A recent survey conducted by the Tehran Chamber of Commerce,...
Iran: Imports of Essential Goods Top $4.6 Billion (Mar-Sep 2018)
Over 9.13 million tons of essential goods worth $4.67 billion...
Iran Government Expected to Change Currency Repatriation Rules
Iran's private sector remains steadfast in its opposition to...
Tehran Stock Exchange's Main Index Registers 90% Growth Since March
The total value of traded shares in Tehran Stock Exchange...
UK Preserving Iran Humanitarian Trade in Face of US Sanctions
High-level meetings on Thursday and Friday in London were held...

Add new comment

Read our comment policy before posting your viewpoints