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If Iran raises fuel prices, all goods will increase in price as well - MP

Oil&Gas Materials 7 February 2019 16:27 (UTC +04:00)

Tehran, Iran, 7 Feb.

Trend:

The possibility of increase of fuel price in Iran has become bigger due to fuel smuggling in the country, however the local MPs stand against the raise of the fuel prices and other energy bills.

Meanwhile, member of Parliament's Energy Commission Ghasem Saedi told Trend that the parliament has not approved the rise of fuel price so far and will not approve it in the future.

"Other MP's from various political groups believe the society does not have the capacity to handle high fuel prices. Although the government has not submitted any bill on this issue to the parliament, and it seems they understand the realities," he said.

"Considering the harsh economic situation, rise of fuel price is not in the interest of people. So, if it is implemented, it would make the market turbulent, and we will witness the rise of prices for all goods," he said.

Saedi went on to say that the parliament doesn't even agree with the increase of water, electricity and gas bills.

"The parliament and government's responsiblity is to reduce costs of living for people, not raise them," he said.

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