Today’s top headlines in Iran include Iran’s president Ahmadinejad stressing on implementation of second phase of subsidy reform plan; Iranian lawmaker remarks over government intention to implement subsidy plan and its problems; resumption of Peugeot 206 production line by Iran Khodro and Economy Minister statements on omitting the dollar and euro from Iran’s economic transactions.
Iranian president Mahmoud Ahmadinejad in a meeting with a group of East Azerbaijan Province representatives stressed on implementation of second phase of subsidy reform plan and said, “If implementing the plan is delayed, it would cost more to run,” Fars reported.
The Iranian administration is facing problem in providing money for paying cash subsidies to the public and implementation of second phase of subsidy reform plan isn’t practicable under such conditions, member of Majlis Planning and Budget Commission Abdolkarim Hashemi told Fars news agency.
Iranian giant car maker Iran Khodro (IKCO) has restarted manufacturing the Peugeot 206 from the beginning of 10 month of the current Iranian calendar year, which began on March 20, 2012, ISNA reported on Monday.
Iran plans to omit the dollar and euro from its economic transactions in the future and rely on local currencies for trade, the Iranian Economy Minister, Seyyed Shams Al-Din Hosseini told IRNA.