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Governmental figures for Iran’s subsidy reform remain unclear

Business Materials 12 April 2012 17:50 (UTC +04:00)

Azerbaijan, Baku, April 12/Trend M. Moezzi

The head of Iran's Targeted Subsidies Organization said that the elimination of "affluent" Iranians from the next phase of cash payments has been 95 percent accurate, the donya-e-eqtesad website reports.

Currently, every Iranian receives 455,000 rials, about $37 every month as a compensation for it program to end the subsidies for some commodities and energy carriers launched late in 2010.

Recently, the Iranian government transferred 280,000 rials, about $23, to Iranians' accounts for the second phase of the program without approval from the Majlis (parliament).

Moving ahead without a legislative approval and leaving out some citizens from the next round of payments have raised the ire of Iran's Majlis.

There are also discrepancies in the government's figures about how many people will not get the second round of payments. These have ranged from "500,000 families" to 5 percent of those getting subsidies which would be about 3.7 million people.

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