Middle East Economic Survey

VOL. LIII

No 28

12-Jul-2010

IRAN

Iran To End Gasoline Subsidies From September

Mohammad Royanian, managing director of Irans fuel transportation and management organisation, told ISNA news agency last week that, to conform with last years budget bill calling for the gradual phasing out of all subsidies by March 2015, the government has decided, from the second half of this [Iranian] year [ie the end of September] to stop rationed gasoline sales. Iranian vehicle owners...