Subsidies

May 1, 2014
Garrett Nada      The biggest news in April was a gasoline price hike as President Rouhani began long-delayed subsidy reform. The cost of a liter jumped 75 percent; consumption reportedly declined by half within days. The move follows Supreme Leader Ayatollah Ali Khamenei’s warning that Iran will…
December 2, 2013
Kevan Harris What is the status of Iran’s economy three months after President Hassan Rouhani’s inauguration?      In a televised interview marking his first 100 days, President Rouhani acknowledged that the state coffers were virtually empty when he assumed the presidency. The government did…
April 23, 2013
            Iran is facing double-digit inflation, high consumer prices, rising unemployment, and anemic economic growth, according to a new report by Jahangir Amuzegar, a former executive board member of the International Monetary Fund. But not all of Iran’s economic problems are caused by…
January 17, 2013
            On January 16, President Mahmoud Ahmadinejad told Parliament that Iran needs to cut reliance on petrodollars “once and for all.” Iran’s oil revenues have dropped 45 percent in the last nine months, according to parliament’s budget committee chief. Ahmadinejad also admitted that…
January 7, 2013
Kevan Harris What is the state of Iran’s economy in 2013 compared to a year ago?             Iran's economy enters 2013 significantly worse than a year ago, particularly with higher inflation and unemployment than at the beginning of 2012. The rial also plunged from around 11,000 to the dollar…
January 3, 2013
Kevan Harris What is the state of Iran’s economy in 2013 compared to a year ago?             Iran's economy enters 2013 significantly worse than a year ago, particularly with higher inflation and unemployment than at the beginning of 2012. The rial also plunged from around 11,000 to the dollar…
December 18, 2012
           In November 2012, Iran’s parliament suspended subsidy reform and is now unlikely to allow “drastic increases” in the price of consumer staples over the next year, according to a new report by Jahangir Amuzegar. President Mahmoud Ahmadinejad launched a phased reform plan in 2010 that…
February 28, 2011
Suzanne Maloney        Iran’s stability is once again in question, as historic protests sweep the Middle East and revive the flagging fortunes of its own opposition movement. Expectations of the Islamic Republic’s inevitable demise are further fueled by the revolutionary state’s own…