Iran General NewsAhmadinejad in parliament to push Iran subsidies reform plan

Ahmadinejad in parliament to push Iran subsidies reform plan

-

Bloomberg: Iranian president Mahmoud Ahmadinejad appeared in parliament today to brief deputies on the economy as he seeks to extend a subsidy-reduction plan that started three years ago. Bloomberg

By Ladane Nasseri

Iranian president Mahmoud Ahmadinejad appeared in parliament today to brief deputies on the economy as he seeks to extend a subsidy-reduction plan that started three years ago.

Ahmadinejad wants to implement a second phase of the plan, including a further rise in energy prices, before he steps down later this year, while parliament maintains the move would fuel inflation, Mehr and other state news agencies have reported.

Pictures of Ahmadinejad addressing members of parliament were shown on state-run Press TV. His speech began at 8:30 a.m. local time and is due to last until 10 a.m., when lawmakers will have the chance to comment, according to Mehr.

Iran’s government started a five-year program to remove food and energy subsidies in December 2010. The second phase of the plan, which was to be introduced last year, was put on hold amid a drop in the value of the national currency and rising inflation, partly the result of stricter financial and energy sanctions by the U.S and the European Union over the country’s nuclear program.

“A rise in the price of produces and energy will harm production and this is why the parliament was against the execution of the second phase of the plan,” parliamentary speaker Ali Larijani was quoted as saying by Donya-e-Eqtesad newspaper on Jan. 13.

The U.S and its western allies say Iran’s nuclear activities may be a cover for the development of atomic weapons, a charge the Persian Gulf country denies.

Iran is holding a presidential election on June 14 and Ahmadinejad is constitutionally unable to run for a third consecutive time.

Latest news

Amnesty International Calls Halting the Death Sentence of Toomaj Salehi

On Thursday, May 17, Amnesty International sent a letter to the head of the Iranian regime’s judiciary, calling for...

Around 6 Workers Die of Safety Incidents Every Day in Iran

Ali Ziaei, the head of the Crime Scene Investigation Group at the Iranian Forensics Organization, reported the deaths of...

Air Pollution Kills 26,000 People in Iran Every Year: Head of Environment Organization

Ali Salajegheh, the head of the Environmental Protection Organization admitted in a conference in Kerman on Monday, May 13...

Australia Sanctions Iranian Regime Navy and IRGC Commanders

On Tuesday, May 15, the Australian Government imposed targeted sanctions on five Iranian individuals and three entities, in response...

Iranian Regime Sabotage Plot Neutralized in Jordan

According to informed Jordanian sources, security authorities thwarted a suspicious plot led by the Iranian regime to smuggle weapons...

Iran Facing Infant Formula Scarcity Again

Iranian media have reported a new increase in the price of infant formula and announced that this trend has...

Must read

Attacks on Iran must remain an option, say Tories

The Times: Military strikes against Iran should not be...

Money talks of rebellion in Iran as activists leave mark of protest

The Times: Banknotes defaced with opposition slogans are banned...

You might also likeRELATED
Recommended to you

Exit mobile version