Domestic Economy
0

Survey Shows Over 60% Pessimistic About Subsidy Reform 

Survey Shows Over 60% Pessimistic About Subsidy Reform 
Survey Shows Over 60% Pessimistic About Subsidy Reform 

More than 60% of respondents to a recent survey reacted negatively to the recent subsidy reform implemented by the government, mostly because following its implementation, the prices of items other than essential goods also increased.
A pollster affiliated to Majlis Research Center, the research arm of Iranian Parliament, found over 58% prefer the prices of essential goods to decline to last year’s level, or receive them via coupon, compared to 28% who favor an additional direct monthly cash subsidy.
The government of President Ebrahim Raisi’s recent removal of subsidies on import of essential goods was among its key economic decision. Instead, the government started depositing subsidies directly to the bank accounts of needy households. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com