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Gov't has no plan to increase bread price: Official

Tehran, July 3, IRNA

Iran-Bread-Price
The government has no plan to raise the price of bread, deputy commerce minister said on Wednesday.

Describing the payment of subsidies in cash as essential, Mohammad Sadeq Mofatteh said that the move would help administer justice in the country.

Speaking to reporters on the sidelines of a meeting in Tehran's Chamber of Commerce, Industries and Mines, Mofatteh said that paying equal subsidies to all social strata based on the current system "is a blatant tyranny."
He stressed that paying equal subsidies for bread and energy to all social strata is not logical.

Referring to the approval of a bill by the Majlis allocating 45,000 billion rials for imports of basic commodities, Mofatteh said it would only allow imports of goods which have been scarse due to existing drought.

Referring to the lifting of government's subsidies for cement, Mofatteh said that based on a recent agreement reached by the cement-producing factories, the factories would, from now on, be responsible for determining the cement price.

Of course, he noted, cement producers should consult with the Ministry of Commerce as well as Industries and Mines in this connection.









News sent: 09:52 Thursday July 03, 2008 Print