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Some 40 percent of Iranian families claim below $230 monthly income

Business Materials 20 April 2014 14:14 (UTC +04:00)

Baku, Azerbaijan, Apr.20

By Fatih Karimov - Trend:

Some 40 percent of Iranian families, who have applied for receiving cash subsidies, claim that their monthly income is below six million rials (about $230), Iranian MP Ezzatollah Yousefian Molla said.

The government expected that 30 million people will not register for receiving cash subsidies, but the expectation was not met, the MP added, Iran's Tasnim news agency reported on April 20.

The subsidy registration website asks people to announce their monthly income if it is below six million rials, between six million and 10 million rials, between 10 million and 20 million rials, between 20 million and 25 million rials, or it is above 25 million rials.

People have announced their income this way in order to be sure that they will receive cash subsidies, Yousefian Molla said.

He added that just 10 percent of families have not registered in the website and have given up from receiving cash subsidies.

Iran will begin the implementation of the second phase of the subsidy reform plan this week, Iranian president Hassan Rouhani said on April 19.

Earlier on April 15, Iran's minister of economic affairs and finance, Ali Tayyebnia said that a large number of people have not applied for receiving cash subsidies in the second phase of the subsidy reform plan.

Ten million high-income Iranians have been identified so far and they can be excluded from receiving cash subsidies, he said.

Registration for receiving cash subsidies in the second phase of the plan started on April 9 and will last till April 20.

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