Zamaneh Media
  • Latest Articles
  • Latest News
  • About Zamaneh Media
    • Exiled Media Report
    • Sponsors
    • Donate
    • Contact us
    • Legal
  • Advertise
No Result
View All Result
  • Latest Articles
  • Latest News
  • About Zamaneh Media
    • Exiled Media Report
    • Sponsors
    • Donate
    • Contact us
    • Legal
  • Advertise
No Result
View All Result
Zamaneh Media
No Result
View All Result

Ahmadinejad’s subsidy reforms to be dropped

by Zamaneh Media
October 8, 2012
in Latest Articles
Reading Time: 1 min read
0
Ahmadinejad’s subsidy reforms to be dropped

Iranian Parliament is planning to suspend Mahmoud Ahmadinejad’s restructuring of government subsidies, which the administration has seen as the cornerstone of its economic policies.

The blow to the Ahmadinejad administration was further exacerbated as the plan was approved 179-17 with 20 MPs abstaining, showing that the majority of lawmakers are opposed to implementing the second phase of the government's subsidy reforms.

The head of Parliament’s economic commission, Gholamreza Mesbahi Moghaddam, said the inadequate implementation of the first phase of the reforms and the country’s poor economic conditions are the main reasons for Parliament’s move.

“Today we are in a situation that we have to sadly halt the second phase of subsidy reforms,” Mesbahi Moghaddam said.

Phase one of the reforms cut government subsidies on energy and food staples. replacing them with cash handouts to households to help them adapt to the adjusted market prices.

In the second phase, the cost of fuel would have risen further as would the amount of cash benefits.

The Iranian government is faced with a plummeting national currency which has made prices and the market highly unstable.

Previous Post

Blast halts gas exports to Turkey

Next Post

Iranian journalist sentenced to eight years in jail

Related Posts

Protests over Price Hikes in Iran Spread to Several Cities
Latest Articles

Protests over Price Hikes in Iran Spread to Several Cities

May 14, 2022
Civil Activists Arrested in Iran
Latest Articles

Civil Activists Arrested in Iran

May 9, 2022
Featured Items

ISNA: Swedish-Iranian professor to be executed in May

May 4, 2022
Latest Articles

Tensions between Iran and Sweden following the possibility of life imprisonment for a former Iranian official

May 2, 2022
Wage Suppression, Labor Strikes and Crackdown on Protests in Iran: Zamaneh’s Annual Labor Report is Out
Latest Articles

Wage Suppression, Labor Strikes and Crackdown on Protests in Iran: Zamaneh’s Annual Labor Report is Out

April 27, 2022
Featured Items

An interview with Rudy Bouma, Dutch Journalist who has witnessed two Ukrainian wars

April 17, 2022

RSS Iran in Other Media

  • Iran Hanged 26 People In 10 Days To Create Fear, Rights Group Says - ایران اینترنشنال May 28, 2022
  • Covid-19: Iranian-Kiwi's 2020 tale of family death and grief - 1News May 28, 2022
  • Iran's Zar Amir Ebrahimi wins best actress award at Cannes - Middle East Eye May 28, 2022
  • Senior Israeli delegation headed to US for Iran talks - The Jerusalem Post May 28, 2022
  • Iran expects over $9 billion exports to Iraq by March - Rudaw Media Network May 28, 2022
  • Iran disperses crowd angry over building collapse killing 29 - The Washington Post May 28, 2022
  • Iran rejects Turkey's threat to launch incursion into Syria, calls for dialog - Press TV May 28, 2022
  • Iran says crew of two seized Greek tankers not detained and are on board - Reuters.com May 28, 2022
  • US-Iran conflict in Middle East region - Press TV May 28, 2022
  • Iran urged to finalise ‘Ziarat Policy’ to boost religious tourism - The Express Tribune May 28, 2022
  • Iran shows off underground drone base, but not its location, state media report - Reuters.com May 28, 2022
  • As Diplomacy Falters, Iran's Nuclear Program Creeps Ahead - The National Interest Online May 28, 2022
  • Iran Sees No Reason To Negotiate As US Allows Oil Exports - ایران اینترنشنال May 28, 2022
  • Iran’s Men’s Team Comes 2nd in 2022 IWBF Asia Oceania Championships - Tasnim News Agency May 28, 2022
  • Israeli Official Visits Riyadh To Discuss Normalization, Iran Challenge - ایران اینترنشنال May 28, 2022
  • Addressing Dust Storm Issue An Urgent Priority for Iran Foreign Ministry: FM - Tasnim News Agency May 28, 2022
  • Afghan Cleric Sent To Iran As Diplomat Cannot Find Housing For Large Family - ایران اینترنشنال May 28, 2022
  • Suicide drones launched from inside Iran said to have hit Parchin military site - The Times of Israel May 27, 2022
  • Israeli leadership divided on Iran deal - Al-Monitor May 27, 2022
  • Ukraine war threatens Iran's last economic lifeline - CNN May 27, 2022
Zamaneh Media

© 2020 Zamaneh Media

More information

  • Sponsors
  • Donate
  • About us
  • Contact us
  • Legal

Follow Us

No Result
View All Result
  • Latest Articles
  • Latest News
  • About Zamaneh Media
    • Exiled Media Report
    • Sponsors
    • Donate
    • Contact us
    • Legal
  • Advertise

© 2020 Zamaneh Media