Middle East Economic Survey


No 41



Majlis To Debate Gasoline Subsidies

The Iranian government on 4 October submitted a draft bill to the Majlis (parliament) which proposed the introduction of smart cards for car owners, which would allow the purchase of a fixed amount of gasoline at a subsidized price and any additional volume at a full market price. The bill, if approved by MPs, calls for the introduction of smart cards in March 2006. The system is seen as a...