IRAN 

Second Phase Of Subsidy Reform Plan To Await Budget Approval

The Iranian parliament and the administration have agreed that the second phase of the subsidy reform plan will be implemented after the ratification of the IR5,100 trillion budget for the Iranian year starting on 20 March (MEES, 13 February), the deputy speaker of parliament Mohammad Reza Bahonar announced on 21 April. Mr Bahonar also said that parliament insists that the shortcomings of the plan should be remedied....