BAKU, Azerbaijan, January 11. The Iranian
government provides citizens with the equivalent of the foreign
currency allocated for the import of essential goods, Iranian
President Masoud Pezeshkian said in his address to the Iranian
people today, Trend reports.
According to him, until now, foreign currency for subsidizing
the import of certain essential goods and medical supplies was
allocated at low rates. This led to corruption in the country, and
as a result, citizens were unable to benefit from the allocated
subsidies.
Pezeshkian noted that on this basis, each citizen receives from
the government monthly funds of 10 million rials (approximately 10
dollars) to purchase essential goods. The program implemented by
the government to support citizens’ household needs effectively
creates competition in the market. That is, if goods are imported
cheaply, they will be sold cheaply, and if imported at higher
prices, they will be sold at higher prices.
Since the end of December, protest actions have begun in Iran
amid a sharp depreciation of the national currency, the rial,
against foreign currencies, high inflation, and other economic
problems. There have been reports of deaths and injuries during the
protests, although no figures have been specified.
