Middle East Economic Survey

VOL. XLIX

No 16

17-April-2006

IRAN

Gasoline Rationing Likely If Imports Budget Not Increased, Says Vaziri-Hamaneh

Irans Minister of Petroleum Kazem Vaziri-Hamaneh said on 12 April that gasoline rationing was likely to be introduced in the second half of the current Iranian year (21 March 2006 to 20 March 2007) if the government did not extend its budget allocation for gasoline imports. He warned that the Majlis (parliament) had approved credits for only $2.5bn worth of...