Middle East Economic Survey

VOL. L

No 13

26-Mar-2007

IRAN

Gasoline Rationing And Price Increase Approved By Irans Guardians Council

Irans Guardians Council on 19 March approved a measure recently passed by the Majlis (parliament) for the rationing of gasoline and the raising of motor fuel prices. Majlis Joint Commission Rapporteur Mohammad Mofatteh told the Fars news agency that gasoline would be rationed from late May, with the initial price of IR1,000/liter (11 cents/liter). He said the new...