Mohammad Baqer Nobakht, head of the Planning and Budget Organization, announced the allocation of 30 trillion tomans for implementing programs and packages to navigate the current economic conditions. On Wednesday, in an open session of the parliament, he stated, "The government has prepared five packages and 12 programs to overcome the country's economic situation." The Iranian Vice President, speaking against a bill proposed by parliament members for the urgent provision of essential goods, continued to explain the government's plans: "30 trillion tomans has been allocated for the implementation of the government's economic programs and packages, with 13 billion dollars of this amount designated for 25 essential goods, medicines, and agricultural inputs, which is equivalent to 17,500 trillion tomans in rial." According to the head of the Planning and Budget Organization, 7,500 trillion tomans of this amount will be allocated to the import and provision of five essential goods. Although Mr. Nobakht did not provide further details on the five supportive packages intended by the government, he emphasized that he was mandated by the President to review and finalize these packages and programs in an "extraordinary meeting of the Resistance Economy Headquarters" on Wednesday afternoon. Parliament members, who were seeking to approve an urgent bill aimed at securing essential goods, accepted to set this bill aside based on Nobakht's explanations, resulting in the bill not being approved. According to Mohammad Baqer Nobakht, the proposal to find a compensatory method for the people, consumers, producers, and contractors was made by the "Supreme Council for Economic Coordination of the Three Branches." Anoushiravan Mohseni Bandpay, the caretaker of the Ministry of Cooperatives, Labor, and Social Welfare, stated last week that various supportive and commodity packages have been planned for targeted income groups, including individuals covered by the Imam Khomeini Relief Foundation, the Welfare Organization, as well as retirees, workers, and government employees, which will be announced soon. The rationing and allocation of essential goods to meet public needs has also been proposed as one of the government's programs to navigate the current economic conditions, first raised in mid-August by Ahmad Meidari, the Deputy of Welfare at the Ministry of Cooperatives, Labor, and Social Welfare, who introduced the use of a commodity card or electronic coupon. In his explanations about the commodity card plan, Ahmad Meidari clarified that these commodity cards would utilize banking card infrastructure, and by linking individuals' national ID numbers with the codes of essential goods and the allocated quotas, individuals can purchase essential goods at the designated quota using these banking cards at the official exchange rate. One of the concerns of experts is the exit of essential goods at the official exchange rate outside Iran's borders, which, according to the designers of the commodity card, will be controlled by this plan to prevent the smuggling of essential goods out of Iran. According to the government's and Central Bank's currency policy package, the import of 25 essential goods will be conducted at an official exchange rate of 4200 tomans, and as explained by Hassan Rouhani, the President of Iran, the prices of these items will not change until the end of Farvardin 1398. In this context, the Iranian parliament approved an urgent bill for securing "essential goods." A twenty-year record of inflation in Iran has been broken. The head of the Central Bank stated: "To avoid falling into the American trap, we had to change our currency policies." Where will price movements begin in which markets? The changing battlefield of "proxy forces"; a war against the people in the streets of Iran. The Iranian crisis; the responsibility of the opposition and the possibility of radicalizing Iranian society. The death of the last Mossad representative in Tehran amid the Iranian crisis. 1. "Doctors' statement" about the "evidence" of the killing of protesters under treatment. 2. The account of three witnesses regarding the situation in Isfahan province; "like war-torn areas." 3. The death of the last Mossad representative in Tehran amid the Iranian crisis. 4. Trump announced an agreement to hold a meeting about Greenland in Davos. 5. Trump emphasized the "halt of executions in Iran": we do not know what will happen in the future.
Nobakht: We have allocated 30 trillion tomans, 5 packages, and 12 programs for securing essential goods
Mohammad Baqer Nobakht announced a budget of 30 trillion tomans to address Iran's economic challenges, detailing plans for essential goods and support packages. The Iranian parliament has postponed a proposed urgent bill for essential goods after Nobakht's explanations. This situation highlights ongoing economic struggles and government efforts to manage inflation and supply issues.
👥 Key Players
⚡ Actions
📰 What Happened
Iran allocates 30 trillion tomans for essential goods amid economic challenges.
- Mohammad Baqer Nobakht announce Iranian public, parliament members
- Iranian government allocate essential goods, medicines, agricultural inputs
- Supreme Council for Economic Coordination of the Three Branches propose people, consumers, producers, contractors
💡 Why It Matters
📚 Background
The Iranian government is attempting to stabilize the economy through significant financial allocations.
📝 Key Evidence
🏷️ Entities Mentioned
Translated from the original and edited for English readers. View original source →
Translation confidence: 85%