Iranian MPs differ over raising fuel prices

Financial Tribune – A lthough the three branches of government (executive, legislative and judicial) have come to the conclusion that gasoline prices should increase, there is still no consensus among MPs about the sensitive subject, a lawmaker said.

Jalal Mirzaei says part of the disagreement is because of the upcoming parliamentary election to be held in February 2020, IRNA reported.

The news agency said all “scenarios to increase fuel prices have so far failed” because under the current circumstances when people are under intense economic pressure, the Majlis is more inclined to pass bills that do not add to the mounting pressure… After all, they “need people’s votes to get elected again.”

Parliament members including Mirzaei are almost certain about the inflationary effect of higher fuel prices. The executive branch’s insistence on higher prices notwithstanding, the Majlis has always refused to approve the proposal, he added.