Parliament Halts Subsidies Reform Plan As Inflation Rises
The Iranian parliament on 11 November formally approved the bill to suspend the implementation of the second phase of the subsidies reform plan with 168 deputies out of 245 present voting in favor. An initial reading of the bill was approved in October. The reform plan, introduced in December 2010, allowed the government to slash subsidies on fuel, electricity and other basic goods over a five year period. To...
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