Iran Launches Fourth Phase of Subsidized Goods Program to Support Low-Income Households
In a significant move to bolster economic support for its citizens, the Iranian government has initiated the fourth phase of its electronic subsidized goods program. This latest phase underscores the administration’s ongoing commitment to strengthening the social safety net and ensuring the welfare of vulnerable segments of society.
Direct Financial Support for Vulnerable Families
Hassan Noorozi, the head of the Targeted Subsidies Organization, announced that a substantial budget of 27 trillion tomans has been allocated and transferred to the account of the executive company to implement this vital program. The core of this initiative is the direct deposit of 500,000 tomans per individual to households falling within the first to third income deciles, representing those with the greatest economic need.
Strengthening Food Security and Economic Stability
This targeted financial assistance is designed to directly enhance the purchasing power of low-income families, specifically aiming to fortify their food baskets. The program is a clear reflection of the government’s strategic policy to mitigate economic pressures and provide tangible support to its citizens, ensuring greater economic stability at the household level.
Awaiting Official Announcement for Rollout
While the precise date for the commencement of deposits has not yet been publicly disclosed, officials have confirmed that the Ministry of Cooperation, Labour, and Social Welfare will issue an official announcement in the very near future. Beneficiaries are advised to await this formal communication to access the funds. This structured approach ensures the process is orderly and reaches its intended recipients efficiently.
The continued expansion of the subsidized goods program highlights a key pillar of Iran’s social and economic policy, focused on equitable distribution and direct support for its people.