BAKU, Azerbaijan, March 6
By Elnur Baghishov – Trend:
The Iranian parliament abolished the exchange of dollar under the official exchange rate (where $1 equals to 42,000 rials) for next Iranian year's budget (March 21, 2022 through March 20, 2023) on March 6, 2022, Trend reports citing the parliament’s official website.
Reportedly, the official exchange rate in Iran has been using for imports of a number of essential goods, including wheat, barley, various cooking oils, corn, medicines, etc.
The bill, which was put into a vote in the Iranian parliament, received 194 votes in favor, 42 against and 6 abstentions.
According to the bill, in return for the abolition of the exchange of dollar under the official exchange rate, the Iranian government must provide the funds in via other ways to protect the welfare of consumers. And thus, consumers will receive e-coupons.
In addition, consumers will be able to purchase the essential goods at prices set in the 6th month of the current Iranian year (August 23 through September 22, 2021).
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