Middle East Economic Survey

VOL. LIII

No 48

29-Nov-2010

IRAN

Iran Postpones Phased Elimination Of Fuel Subsidy Again

The Iranian government has postponed for the third time the increase in gasoline prices under the subsidies reform bill. The subsidy phase-out had been due to begin in the second half of the Iranian year, which started on 23 September (MEES, 25 October). Announcing the decision the head of Irans Transportation and Fuel Management Office Mohammad Royanian told ISNA on 21...