Iran's Guardian Council to review subsidies plan
TEHRAN, Iran, Nov.9
Iran's Guardian Council is reviewing the financial resources that have been assigned to provide for parliament's subsides plan, said the spokesman of Guardian Council.
"If the following resources are not applicable to cover the costs, the plan would be rejected. The main source for costs should be stable," said Abbas Ali Kadkhodaie, Trend reports citing Mehr News Agency.
"It should be reviewed whether the sale of government assets could be considered sufficient for costs of this $7 billion plan," he said.
"If the financial resources could not support costs of this plan the Guardian Council could not approve the plan," he said.
"Supporters of this plan have previously held meetings with the council but the parliament has still not officially submitted the bill to the Guardian Council," he said.
The subside plan was approved recently by the parliament in order to support low-income families by monthly subsidies payment for purchasing necessary goods in the second half of the current Iranian year (started March 20, 2020).
Some experts believe the financial resources assigned for parliament's plan is not applicable to cover all sixty million households and would intensify inflation and pressures on families.