Iran to Maintain Import Subsidies for Staples as Prices Rise
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Iran’s government said it will continue providing U.S. dollars at a preferential rate to exporters of essential goods, contradicting earlier comments by ministry officials and parliament members who said the program had been revised.
“Foreign currencies at a preferential rate are still being allocated for essential goods,” Vice-President Mohammad Reza Rahimi said today during a visit to Isfahan, according to the state-run Mehr news agency. “All goods that benefited from the preferential rate will still continue to do so.”