Iran: Fuel Price Future Unclear

A debate is underway in the Majlis Energy Commission regarding the rationing system the outcome of which will be conveyed to the government for a final decision
Iran: Fuel Price Future UnclearIran: Fuel Price Future Unclear

Increasing gasoline prices would be subject to amending the 2018-19 budget law and the government so far does not intend to propose any such changes, says a lawmaker.
Jahanbakhsh Mohebinia, a member of the Majlis Planning and Budget Commission said "Higher gasoline prices will certainly add to government revenues. However, introducing an amendment to the budget law is a lengthy process and the administration has not reached a conclusion in this regard,"


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