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Rouhani: Gas price hike aimed to help lower-income families

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“The government’s goal by the aid scheme is to help the middle-class and lower-income households,” President Rouhani said at a cabinet session on Sunday evening about his government's recently implemented fuel consumption management plan.

Axar.az informs that, the Iranian government increased the price of gasoline by 50% late on Wednesday but announced that 100% of the revenues from the increase in the price of gasoline would go to the people.

Speaking on the government's plan in a cabinet session on Sunday afternoon, Hassan Rouhani said that to help the low-income and middle-class families "we have no more than three ways; we must either increase taxes, export more oil, or decrease subsidies and return them back to those in need.”

According to the official website of the Iranian Presidency, the president added “our oil sales are facing restrictions, and if we did not face any limitations, oil money would not meet this kind of use. In the Iranian calender year of 1390, we had an income of $110 billion, but the conditions are different today.”

He also said "we cannot raise taxes too much, because in the current economic conditions of the society increasing taxes need to be balanced."

Date
2019.11.17 / 22:17
Author
Axar.az
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