60 million Iranian citizens to benefit from Fuel Management Plan

Oil&Gas Materials 18 November 2019 09:46 (UTC +04:00)
60 million Iranian citizens to benefit from Fuel Management Plan

TEHRAN, Iran, Nov.18

Sixty million people, especially low-income households, will have access to the resources that will be earned from gas price reform, Government spokesman Ali Rabiei said.

“Iranian Interior Minister Abdolreza Rahmani Fazli and Head of the Plan and Budget Organization Mohammad-Bagher Nobakht presented reports on last Supreme Economic Coordination Council,” Ali Rabiei said referring to the decisions on rise in gasoline price in a televised interview on Nov. 16, Trend reports.

Praising the efforts of the Minister of Interior to implement the Fuel Management Plan, heads of the three branches of the government spoke separately and emphasized the full cooperation of all institutions of the country to successfully implement this national plan.

“Another topic of the meeting was the goals of the Fuel Management Plan and the support of the low-income groups of the society,” said the government spokesman. “The meeting participants reaffirmed the need to pursue social justice and provide 60 million low-income families with the resources earned from the rise in gasoline prices."

Rabiei noted that one of the main goals of the plan was to combat fuel trafficking, adding that the issue of fuel management and economic stabilization was also discussed during the Supreme Economic Coordination Council.

This latest price hike demands 35 cents (15,000 rials) for the first 60 liters per month of regular gasoline for each private car and 71 cents (30,000 rials) for additional purchases.

The modification has received the approval of the Supreme Economic Coordination Council associated with the three governing branches of Iran including president, speaker of parliament and head of judiciary.