Iranian government considers subsidy cuts despite rising poverty

Dalga Khatinoglu
Dalga Khatinoglu

Oil, gas and Iran economic analyst

An Iranian farmer harvesting wheat in the western Kordestan province (August 20204)
An Iranian farmer harvesting wheat in the western Kordestan province (August 20204)

As Iranian citizens grapple with rising poverty and rampant inflation, officials are attempting to address the budget deficit by raising prices on bread, fuel, and essential goods, aiming to reduce government subsidies and ease the fiscal shortfall.