by Asharq Al-Awsat | Apr 25, 2014 | Business
Tehran, AP—Iran cut a portion of fuel subsidies Friday, nearly doubling some prices at the pump as part of a second round of cuts delayed since 2012. The dramatic measure, which went into effect at midnight, will test public support for moderate President Hassan...
by Asharq Al-Awsat | Apr 22, 2014 | Business
London, Asharq Al-Awsat—Iranian President Hassan Rouhani announced the next phase of reforms to the country’s subsidies system on Monday, amid concerns the reforms could lead to a sharp rise in inflation. Speaking at a press conference after a meeting with senior...
by Saeed Laylaz | Apr 9, 2014 | Opinion
Iranian president Hassan Rouhani’s apparently firm determination to convince at least a third of Iranians to voluntarily decline the monthly cash payouts that replaced certain subsidies from March 20—the first day of the new Persian year—clearly stems from economic...
by Asharq Al-Awsat | Feb 6, 2014 | Business
Tehran, Asharq Al-Awsat—A new food subsidies scheme introduced by President Hassan Rouhani to ease the financial burden on ordinary Iranians buckling under the country’s crippling economic conditions has caused controversy in the Islamic Republic. Complaints about the...