The Iranian minister of economy and finance stated that the implementation of the subsidy reform plan has resulted in a clarity of prices and due to deposits in registered accounts Iranian citizen's monthly income has increased by 445,000 rials ($43).
Shamseddin Hosseni said that the absolute poverty line in the world is one dollar (1,050 rials) a day which adds to about 315,000 rials ($30) a month.
He explained that the subsidy cash payment 445,000 rials is more than the absolute poverty line of 315,000 rials and based on this one can say that people's monthly income has gone up.
The minister pointed out that the subsidy reform plan has increased the income of the majority of the population in the country and thus enhanced their purchase power.