Iran starts new round of cash subsidy layoff
Tehran, Iran, Jan. 17
By Mehdi Sepahvand – Trend:
The Iranian government has started a new round of laying off people from the list of those who receive cash subsidies.
The government has operationalized its decision to delist 3 million more people from subsidies list, Tasnim news agency reported January 17.
The government in March 2016 dropped 3.2 million citizens from the subsidies list.
According to a law passed by the Parliament, the government has to cut subsidies to well-to-do families, excluding those under coverage of financial assistance from the Social Security Organization, Imam Khomeini Relief Foundation, financially vulnerable families, and families who take care of a member with incurable disease.
The cash subsidy is a sum of about $12 that was to be paid each 45 days to all Iranian individuals. However, the government has started delisting people based on their financial status, saying the payments put a heavy load on the government’s oil-dependent income.