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Parliamentary commission aims to halt benefits to high-income families

by Zamaneh Media
October 20, 2013
in Latest Articles
Reading Time: 1 min read
0
Parliamentary commission aims to halt benefits to high-income families

The Iranian Parliament’s Programming and Budget Commission has approved a plan to stop paying family benefits to families in the top three tiers of income.

In recent years, the Iranian government implemented a plan to scrap government subsidies on staple foods and energy and instead began a program of paying out cash benefits to households in order to cushion the blow of rising prices.

The new administration inherited large budget shortfalls and to remedy the situation it had proposed stopping the subsidies to high-income households.

Parliament will now consider the commission’s recommendation to halt payments to high-income families.

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