Title: Iran Unveils New E-Voucher System to Enhance Subsidy Delivery and Economic Stability
A Strategic Shift in Subsidy Distribution
In a significant move to reform its subsidy framework, Iranian authorities have announced a comprehensive transition from direct cash payments to an electronic voucher system for distributing essential goods. A member of the parliament’s Social Commission has confirmed full coordination between the government and the legislature to implement this new method, designed to replace what is described as “inflationary cash subsidies.”
From Cash to Commodities: The New E-Voucher Model
The newly designed e-voucher system is structured to provide citizens with access to essential commodities at stable, fixed prices, rather than depositing cash sums. Parliamentary representative Ahmad Fatemi emphasized that the direct allocation of goods is a more efficient mechanism than cash transfers, which can contribute to inflationary pressures. This strategic pivot is aimed at bolstering the real purchasing power of the people and proactively managing economic impacts.
Securing Financial Resources for National Implementation
Mr. Fatemi detailed that the execution of this nationwide e-voucher plan requires substantial financial resources, estimated at 25 ‘Hamt’ (a large unit of currency). To date, a portion of this—5 Hamt—has been secured through the reallocation of subsidies from higher-income households. He stressed that securing the remaining 20 Hamt through budget reallocations and new resource assignments is a critical and immediate national priority that must be accomplished without delay.
Institutional Roles and National Resolve
The operational execution of the new e-voucher system falls under the purview of the Ministry of Cooperation, Labour, and Social Welfare. However, the complete responsibility for funding the initiative rests with the Plan and Budget Organization. The parliamentary representative underscored that while the Ministry is the implementing body, the government is unequivocally committed to providing the necessary resources promptly and efficiently.
Price Stability: A Core Principle
A fundamental tenet of the new system is the guaranteed stability of prices for the essential goods covered by the vouchers. Officials have stated that prices for these commodities will remain unchanged throughout the program’s duration. This measure is a key differentiator from cash subsidies and is intended to safeguard household welfare and prevent the erosion of purchasing power for beneficiary families.
Unified Political Front for Public Welfare
The report concludes by highlighting a consensus between the government and parliament on the execution of this new e-voucher system. The reform is presented as a parliamentary mandate that enjoys the full support of the executive branch. Officials have affirmed that there are no disagreements on the path forward, and a shared determination exists to see the program’s resources fully secured and implemented for the benefit of the people. Further details regarding the full rollout timeline are expected to be announced shortly.