Business & Economy | Energy & Oil Art | Film & Music | Events Heritage & History Philanthropy
Sports | Politics For Peace | Society & Culture Literature & Books Health & Medicine
Rights | Women | Diaspora Travel | Environment & Geography Science & Education Middle East & Asia

Home|News|Archive|RSS
twitter|facebook|Privacy Policy



Payvand Iran News ...
03/01/14 Bookmark and Share
Iranian Power Minister warns utility rates to rise dramatically

Source: Radio Zamaneh

Iranian Power Minister Hamid Chitchian says the price of utilities will increase by 25 percent in the coming Iranian year (starting March 21). Chitchian told the Reporters Club that the increase has been approved by cabinet and will take effect in the New Year.


Read detailed report by Shargh daily

According to the new budget, the government is authorized to begin increasing utility prices in a "gradual manner."

While some experts believe the rise in energy prices will lead to skyrocketing inflation, others believe it is the only move that might bring the economy back from the brink of collapse.

... Payvand News - 03/01/14 ... --



comments powered by Disqus

© Copyright 2014 NetNative
(All Rights Reserved)

Popular Now

Join Payvand's Facebook Page

join Payvand's daily News mailing list
* indicates required

Home | Contact | About | Archive | Web Sites | Bookstore | Persian Calendar | twitter | facebook | RSS Feed