Home Economy Hossein Hashemi Praises Iranian Government for Running Subsidy Reform Plan

Hossein Hashemi Praises Iranian Government for Running Subsidy Reform Plan

Hossein Hashemi Praises Iranian Government for Running Subsidy Reform Plan

Over the past recent months, politicians and economists have criticized Iranian government for running subsidy reform plan in Iran. According to official and unofficial statistics, Iran’s economy has been severely hit by negative outcomes of this national plan.

Hossein Hashemi, the former spokesman for Iran’s transportation and fuel management office, said on Thursday that Iran is able to establish a flourishing economy if Majlis allows government to launch the second phase of subsidy reform plan.

“Three years ago, when Iranian government launched the initial phase of subsidy reform plan in country, the inflation rate was only 15%. However, the prices of fuel and gasoline had increased by 100% in that time, but the local government managed to control inflation rate in country.” Hossein Hashemi told reporters.

“Inflation rate in Iran is caused by several factors. Note that, subsidy reform plan is one of the reasons of the current inflation rate. Volatilities in currency markets have extremely affected inflation rate in Islamic Republic. As far as we know, Iran has been sanctioned by Western governments, and this deteriorates the conditions of Iran’s economy.” Hashemi added.

“Two years ago, Iran’s parliament stopped government from launching the second and final phase of subsidy reform plan. In my view, by completing all phases of subsidy reform plan, Iran will be able to enjoy a promising economy. The consequent measures will also lower unemployment and inflation rates in Iran.” Hossein Hashemi concluded.

Saeed Maleki
Saeed Maleki
As the former co-founder of "Yazd Zamaneh" publication (زمانه یزد), Maleki is one of the most experienced reporter working for Pars Herald. Saeed started Zamaneh in cooperation with two local publications on 2007. Two years later he closed his news corporation due to post-election protests in which he was accused of agitating people to demonstrate against Iranian government. On the same year he joined Pars Herald Group as the Economy writer. He is currently studying in Yazd's Payam Nour University perusing his bachelor degree. City: Yazd Phone Number: +989127906398 Email: Saeed {at} ParsHerald.com Name in Persian: سعید ملکی

Stay Connected

1,502FansLike
505FollowersFollow

Must Read

Huachuma – A Guide to the Plant Medicine San Pedro

Huachuma also known traditionally as The San Pedro Cactus, can be found throughout the Andes Mountains as they stretch across the South American countries...

Huachuma – A Guide to the Plant Medicine San Pedro

Huachuma also known traditionally as The San Pedro Cactus, can be found throughout the Andes Mountains as they stretch across the South American countries...

How Safe Is A Visit To The Caribbean?

Expats, tourists and business people visiting the Caribbean may well worry about their safety after a seemingly endless series of warnings and alerts over...

Periodic Table Is Elementary For Scientists

Scientists are in their element as they celebrate the 150thanniversary of the periodic table. The table has tortured physics and chemistry students trying to learn...

Related News

McIlroy Dispute Rumbles On

Golf’s world number one, Rory McIlroy has failed to come to an agreement with Irish sports agency Horizon Sports Management in a protracted dispute...

Ahmad Khatami Explains Iran’s Syria Policy

Ayatollah Ahmad Khatami, a senior member of the Assembly of Experts, explained the policy of Islamic Republic about supporting the current president and rulers...

Israeli–Palestinian Conflict Looks Set to Escalate

Israel has attacked civilians in Gaza for the third successive day, as aerial strikes continued. The punishing offensive this time took the lives of eight members...

Emerging Market Crisis Danger To World Economy

The global economy is drowning under the weight of a third deflationary crisis in less than a decade, according to a financial expert. First came...

Calling In The Cleaners After Wars And Natural Disasters

Nature and man can reduce whole cities to a pile of rubble hiding dangers that can do even more harm to innocent bystanders. Hurricanes and...

LEAVE A REPLY

Please enter your comment!
Please enter your name here