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NewsID : 267057 ‫‫Sunday‬‬ 22:48 2026/01/04
Spokeswoman:

Iran government triples subsidies to meet people's needs

After the recent fall in the value of Iranian currency the rial which triggered some protests at Tehran’s bazaar, the government of President Pezeshkian decided to increase subsidies to the vast majority of Iranian people.

The cash subsidies would increase from 3,000,000 rials to 10 million rials, more than three times, according to Government Spokeswoman Fatemeh Mohajerani on Sunday in a press conference.

The subsidies will not be distributed in cash, instead it will be deposited to their credit cards, by which, they can buy staples, the spokeswoman noted.

The credit, 10 million rials, would be deposited into the accounts of households per month, she added.

The new scheme would be implemented from January 10, 2026, according to her.

All Iranian people are included in the new economic scheme.

At the decree of President Masoud Pezeshkian, all Iranian citizens would receive governmental subsidies from January 10.

The time for paying governmental subsidies to every Iranian would be implemented as of January 10, Mohajerani said, adding that people would be able to buy their staples with the amount deposited for them on a monthly basis.

President Masoud Pezeshkian ordered to pay governmental subsidies to all Iranian people, Fatemeh Mohajerani emphasized.

The government has also said that the 1,000,000 rial amount paid to the people will be increased to match the inflation rate. 

Recently, the government figures showed that the inflation rate in Iran increased to above 40% as a result of rial devaluation.

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