Officials said Iran would not begin to phase out subsidies meant to
increase the price of gasoline and other fuel.
They said the removal,
scheduled to have begun in late September, would be delayed for at least a
month.
Also In This Edition
Iranian Fuel Transport Management Organization director Mohammed
Royanian said full gasoline subsidies would continue through Oct. 22, Middle East Newsline reported. The
level of subsidies has depended on the amount of fuel consumption, subject
to rationing.
Teheran has maintained full subsidies despite a sharp decline in fuel
imports in a campaign led by the United States. Subsidized prices for
motorists, with a monthly ration of 60 liters, amount to the equivalent of
$0.10 per liter.
ShareThis
