TEHRAN, Iran, August 10. Reforming the subsidy system and creating a stable foreign exchange rate would improve the quality of production in agriculture and industry and other sectors, said a member of the parliament Ebrahim Azizi, Trend reports citing IRNA.
He pointed out that reforming the subsidy system will lead to supporting consumers' rights and the government must boost economic activities.
Azizi also note that the elimination of the subsidized foreign exchange rate will promote the quality of products and gradually lead to consumer satisfaction, he said adding that the government should prevent corruption caused by the targeted subsidy.
The government's economic reform plan led to cutting the subsidized foreign exchange rate for the import of essential goods leading to an increase in prices. The administration is planning to offer citizens digital coupons that will allow them to access a limited amount of bread at subsidized prices, the scheme will later include other goods such as chicken, cheese, and vegetable oil.