Middle East Economic Survey

VOL. LIV

No 41

10-Oct-2011

IRAN

Ahmadinejad Outlines Results Of Cuts In Energy Subsidies

In a television address on 5 October, Irans President Mahmoud Ahmadinejad outlined the achievements of the governments radical energy subsidies reduction, which has resulted in a major increase in the cost of fuels since December 2010. Mr Ahmadinejad said that if the government had not intervened with a series of measures, including the imposition of gasoline rationing in...