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Iran's parliament to question Ahmadinejad regarding subsidy plan

Iran Materials 10 April 2012 13:50 (UTC +04:00)
Iran's parliament issued a letter to parliament's speaker Ali Larijani, for inviting country's president Mahmoud Ahmadinejad for questioning regarding the subsidy reform plan.
Iran's parliament to question Ahmadinejad regarding subsidy plan

Azerbaijan, Baku, April 10 / Trend S.Isayev, T. Jafarov/

Iran's parliament issued a letter to parliament's speaker Ali Larijani, for inviting country's president Mahmoud Ahmadinejad for questioning regarding the subsidy reform plan, Fars reported.

The plan, launched in December 2010, allows the Iranian government to gradually slash subsidies on fuel, electricity and certain goods over the course of five years, with low-income families being compensated with direct cash hand-outs.

The second phase of implementing the plan saw the removal of subsidies from some three million Iranian families. The government is planning to pay more cash subsidies to the economically vulnerable strata and cut subsidies to the well-off families.

Deputy economic minister Mohammadreza Farzin earlier said that during 15 months of implementing the Subsidy Reform Plan in Iran, some $15 billion has been saved in costs.

Fifteen members of the Iranian parliament requested Ahmadinejad to attend a meeting to discuss the Subsidy Reform Plan.

Last month, Ahmadinejad has already been questioned by the parliament, regarding his actions as country's president. The answers he gave to the parliament were later assessed as "unsatisfactory and contemptuous" by some members of the Parliament.

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