Iranian MP: Fuel Price Hike Will Increase Living Costs

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Iranian MP: Fuel Price Hike Will Increase Living Costs

  • 28 Nov, 14:26
  • Iran

An Iranian lawmaker has warned that the government's new three-tier gasoline pricing system will lead to higher costs for goods and services across the country, adding that the decision was made without coordination with parliament or the public.

Mohsen Biglari, secretary of parliament’s Budget and Planning Committee, said lawmakers had not been informed in advance of the government’s plan to add a new 5,000-toman (4.4 cents per the free market rate) fuel tier for drivers refueling beyond their monthly quotas or without personal fuel cards, The Caspian Post reports citing foreign media.

“If people have to buy 5,000-toman gasoline after using their quota, this increase will definitely affect the prices of other goods and services,” Biglari told Rouydad24. “We’ve seen how such policies ripple through the economy before.”

Biglari said even members of parliament learned of the change from the media, despite President Masoud Pezeshkian’s earlier campaign pledge that no fuel price hike would occur “without coordination with the people.”

“Such a major decision should have been discussed with us as representatives of the people,” Biglari said. “While the move may not be illegal, it contradicts the president’s promise of transparency.”

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An Iranian lawmaker has warned that the government's new three-tier gasoline pricing system will lead to higher costs for goods and services across the country, adding that the decision was made without coordination with parliament or the public.