Title: Iranian Government Announces September 2025 Subsidy Schedule and Equity Share Dividends
In a move to support household economic stability, the administration has released the official payment schedule for key financial support programs set for the final week of September 2025. These disbursements include the national cash subsidy, the fourth phase of the electronic commodity coupon scheme, and the second installment of the Justice Share dividends for the fiscal year 2023.
Details of the September 2025 Cash Subsidy
The cash subsidy for this month will be distributed in two separate phases, categorized by household income deciles:
- Low-Income Households (1st-3rd Deciles): On September 16, each eligible individual will receive 400,000 Tomans. When combined with the commodity coupon subsidy, the total support for each person in this group will reach 900,000 Tomans.
- Middle-Income Households (4th-9th Deciles): On September 22, each eligible individual is slated to receive 300,000 Tomans in direct cash subsidy. Households in the 4th to 7th deciles will receive a combined total of 650,000 Tomans per person with the commodity coupon, while the 8th and 9th deciles will receive the 300,000 Tomans cash subsidy only.
- The highest income earners (10th decile) remain excluded from the direct cash subsidy program.
Fourth Phase of the Electronic Commodity Coupon
The fourth phase of the government’s electronic commodity coupon initiative commenced in September 2025. This program is designed to assist with the procurement of essential goods.
- Households in the 1st to 3rd income deciles have already received 500,000 Tomans per person.
- Those in the 4th to 7th deciles are scheduled to receive 350,000 Tomans per person by the end of the month.
This targeted approach significantly boosts the total subsidy value for lower and middle-income families, directly contributing to their purchasing power for basic necessities.
Second Installment of Justice Share Dividends
The second tranche of dividends from the Justice Share scheme, pertaining to the 2023 fiscal performance, is scheduled for deposit into shareholders’ accounts by the end of September or early October 2025. Expectations for the payout amounts are based on the first installment distributed in February 2025, where recipients of the 492,000-Toman portfolio received approximately 744,000 Tomans, and those with the one-million-Toman portfolio received over 1,500,000 Tomans.
Mehdi Hajivand, special assistant to the head of the Securities and Exchange Organization, provided context for the timeline, noting that the process involved finalizing dividend settlements from all contributing companies. Upon completion of these transfers, the High Council of the Stock Exchange will announce the precise payment date.
Economic Impact and Objectives
These coordinated financial measures are a core component of the government’s policy to alleviate economic pressures and ensure the essential needs of Iranian households are met. The effectiveness of these support programs is contingent upon precise implementation, full transparency, and diligent oversight to guarantee that resources are delivered efficiently to their intended beneficiaries.