Title: Government Reaffirms Commitment to Electronic Subsidy Scheme Amid Economic Support Efforts
Introduction
In a significant move to bolster household economic resilience, the government has successfully implemented four phases of the Electronic Voucher Scheme, a substantial support initiative. This program, designed to stabilize the purchasing power of millions of families, continues to be a top priority for the administration as it navigates the complexities of economic planning.
A Phased Rollout for Maximum Impact
The Electronic Voucher Scheme was launched late last year with an initial allocation of one billion dollars from the National Development Fund. The first two phases provided eligible households with credits of 350,000 and 500,000 Tomans, establishing a foundation for direct support.
Following coordinated efforts across various government bodies, the third phase was activated in early July for the first three income deciles. The rollout was subsequently expanded to include all other eligible deciles by late July and early August, ensuring widespread coverage.
Sustained Support and Forward Momentum
In response to ongoing economic conditions, the government ensured the timely charging of the scheme’s fourth phase at the end of September. This consistent implementation underscores a firm commitment to the program’s objectives. The Head of the Plan and Budget Organization has publicly affirmed the directive from the President to ensure the monthly provision of these vouchers, highlighting the administration’s dedication.
Parliament Speaker Mohammad Bagher Ghalibaf has emphasized the necessity of the scheme, stating that it is essential for stabilizing the prices of essential goods and preserving household purchasing power, thereby curbing the waste of national resources.
Navigating Financial Pathways
The primary focus for the continued success of the program lies in securing its financial underpinnings. As mandated by the budget law, the government is reallocating resources by redirecting cash subsidies from higher-income deciles to fund the vouchers for lower-income groups. The Ministry of Welfare is methodically progressing with the identification and removal of ineligible subsidy recipients, a complex but crucial process for the scheme’s sustainability.
Public Anticipation for the Next Phase
Millions of eligible households are now looking ahead to the activation of the fifth phase of the Electronic Voucher Scheme. The public awaits the announcement of new details, which will allow for further household financial planning and enable them to benefit from the government’s ongoing support mechanisms. The administration is actively working on the logistical and financial preparations to meet this public expectation and continue its supportive economic policies.
