With one month left until the end of the Iranian year, the minimum cost required for a household’s subsistence basket has surpassed 300 million rials (approximately $323). Meanwhile, Iran’s Welfare and Family Health Deputy at the Khomeini Relief Committee announced a “40% increase in financial aid” for the committee’s beneficiaries in the coming year. He stated, “The monthly allowance for a three-person household will be 28 million rials, and for a four-person household, it will be 35.77 million rials (approximately $30 to $39).”
However, some experts believe that the recent surge in the exchange rate, surpassing 900,000 rials per U.S. dollar, will drive inflation to 50% in the coming year. They estimate that the minimum cost of a household’s subsistence basket will rise to 450 million rials (approximately $484) in major cities.
According to the state-affiliated website Didban Iran, the Welfare and Family Health Deputy of the Khomeini Relief Committee stated that more than 4.776 million people are under the support of this organization, with most households consisting of one or two members.
He further stated that in the coming year, based on the 2025 budget law and the 40% increase in financial aid, the allowance for a single-person household will rise from 10 million rials to 14 million rials (approximately $11 to $15). The allowance for a two-person household will increase from 14.2 million rials (approximately $15) to 19.88 million rials (approximately $21.3).
This official from the Khomeini Relief Committee also stated that the monthly allowance for a three-person household will be 28 million rials (approximately $30), and for a four-person household, it will be 35.77 million rials (approximately $38.5). With the 40% increase factored in, families of five or more will receive 44.1 million rials (approximately $47.5) in the next Iranian year, starting on March 21.
The promotion of this financial aid increase comes while the households under the support of this committee, which is affiliated with the Iranian regime, lack the ability to earn an income.
Furthermore, the latest report from the Iranian Statistics Center on January inflation states that the prices of one-third of food items have increased by 30% to 50%, while one-fourth of food items have risen by more than 50%.
Additionally, the latest report from the Iranian Statistics Center indicates that out of 53 selected food items in urban areas, 27 items have experienced a price increase higher than the year-on-year inflation rate in cities.
Meanwhile, as the deadline for setting the minimum wage for workers in the coming year approaches, employer representatives and the government are attempting to keep wage increases below 30%.
Iran’s economic conditions have led to protests by various labor groups, including workers, teachers, and retirees.
Over the past 46 years, one of the world’s wealthiest countries has been looted by Iran’s rulers, plunging millions into poverty and misery. Instead of addressing these crises, Iran’s leaders allocate the nation’s revenues to domestic repression and regional conflicts.
