Iran’s subsidy reform plan fails to meet goals
Baku, Azerbaijan, Nov. 23
By Khalid Kazimov – Trend:
Iranian parliament’s research center suggests that the country’s targeted subsidy plan (aka subsidy reform plan), launched by former President Mahmoud Ahmadinejad, has failed to reach its goals.
The parliament’s research center through a recent study has found out that the implementation of the subsidy reform plan not only did not realize the expectations but also carried disturbing implications about the country’s social and economic issues over the past six years.
The plan was drafted with an aim to free Iran of heavy burden of general subsidies to better support the poor.
The subsidy reform plan, also known as the targeted subsidies plan, started in 2010 by a mandate from the parliament, which tasked the then-administration with carrying out its provisions on the country’s economy.