Iran president asks parliament to review subsidy cuts: radio

Ahmadinejad has called on lawmakers to reconsider their rejection of government proposals to slash subsidies by $40 billion, state radio reported.

Iran president asks parliament to review subsidy cuts: radio

Iranian President Mahmoud Ahmadinejad has called on lawmakers to reconsider their rejection of government proposals to slash subsidies by $40 billion, state radio reported on Monday.

Last month, parliament passed a state budget for the Iranian year, which started on March 21, that did not contain the radical reductions in subsidies sought by Ahmadinejad, with many MPs fearing it would stoke inflation in the oil producer.

Ahmadinejad has suggested holding a referendum on his proposals that would save $40 billion. Parliament approved only half that amount.

On Monday, state radio quoted Vice President Mohammad-Reza Mirtajeddini as saying Ahmadinejad sent a letter to parliament calling for a "review of the subsidy law".

In the letter, "the problems surrounding the implementation of the subsidy law have been pointed out and the parliament has been asked to help in the resolution of this problem," ISNA news agency quoted Mirtajeddini as saying. He did not elaborate.

Parliament speaker Ali Larijani said the government and parliament would set up a joint committee to consider the subsidy reform, ISNA added.

Lawmakers had said the cuts could stoke inflation.

Analysts say Ahmadinejad hopes the subsidy cuts will make Iran less vulnerable to sanctions on its gasoline imports.


Reuters

Güncelleme Tarihi: 05 Nisan 2010, 17:16

SeydiAli

YORUM EKLE