Fourth Phase of Electronic Subsidy Scheme Approved: Direct Support for Low-Income Households Announced
In a significant move to bolster economic support for vulnerable segments of society, the Iranian government has approved the fourth phase of its electronic subsidy voucher scheme. A substantial credit of 27 trillion tomans has been allocated to fund this initiative, underscoring the administration’s commitment to social welfare and economic justice.
Funding and Objectives
Hassan Noroozi confirmed the transfer of this credit to the account of the project’s executive company. The primary objective is to provide targeted support for low-income and economically vulnerable groups while enhancing the nutritional quality of household food baskets. This allocation, facilitated by the country’s Planning and Budget Organization, reflects the government’s prioritization of protecting its most financially challenged citizens.
Eligibility and Implementation Details
This phase of the electronic subsidy scheme is specifically designed for the three lowest income deciles of the population. The Ministry of Cooperatives, Labour, and Social Welfare will officially announce the precise commencement date for the distribution. The program’s execution will be closely aligned with its physical progress to ensure timely and efficient delivery of aid.
Direct Financial Allocation per Capita
According to the Targeted Subsidies Organization, a fixed amount of 500,000 tomans has been designated for each individual within the first to third income deciles. This direct per-capita payment is intended to strengthen the purchasing power of these households, specifically for essential food items.
- First Income Decile: 500,000 tomans per person
- Second Income Decile: 500,000 tomans per person
- Third Income Decile: 500,000 tomans per person
A Commitment to Social Welfare
The allocation of 27 trillion tomans for this phase highlights the government’s sustained policy of shielding its citizens from economic pressures. By providing direct cash assistance, the scheme aims to effectively reduce the financial burden on the most economically vulnerable families. Continued and precise monitoring of the implementation process will be crucial to ensuring the program’s success in tangibly improving the livelihood of its intended beneficiaries.
