News ID: 446
Date: Monday 1 January 2024 - 22:25

Is there a possibility of an increase in the price of gasoline in Iran?

Is there a possibility of an increase in the price of gasoline in Iran?
These days, the parliament and the government are involved in reviewing and approving the 2024 budget bill. In examining this important issue, some issues are raised by the parliament and even government officials, each of which has serious psychological effects on the country's economy.

According to Energy Press, a concrete example of that is the statements made by the Deputy Coordinator of the Program and Budget Organization about the increase in gasoline prices and the government’s new conditions for importing cars. Although this official stated that the increase in the price of gasoline depends on the decision of the heads of the forces, but its re-planning is due to the rumors of the price of gasoline in the next year and the proposal of the Majlis Research Center during the review of the 2024 budget bill, to distribute 15 liters of gasoline subsidy per month to the heads of households. Lack of cars can once again create a wave of anxiety and have the effect of increasing prices again. Also, determining the conditions for the allocation of foreign currency for car imports according to the currency conditions of the country will also have a direct effect on the increase in the price of domestic cars.

The program and budget organization in the 13th government was associated with marginalization since the time when Masoud Mirkazemi relied on it, and in the end, this marginalization caused him to leave the economic team. This organization had a lot of delay in delivering the 7th plan on time and even drafted the budget bill in such a way that its principle and sub-sections were changed in the first year by the members of parliament. Now, with the arrival of Dawood, there were many hopes that the plan and budget organization would work stronger than ever in the current economic situation, but the output of this organization’s performance in drafting the budget bill for the next year is such that, from the point of view of economic experts, what is presented as the budget bill There was a parliament, but there was no budget.

Willingly or unwillingly, the economic statistics, especially in the export sector of oil and oil and non-oil products, based on the customs statistics, are not only unsatisfactory, but even worrisome. In this situation, the government has proposed to have more foreign currency income at the disposal of the government; So that instead of depositing 40% of oil and gas revenues to the National Development Fund, this percentage should be reduced to 20%. This request from the government itself is proof of the dire conditions of foreign exchange earnings. This is the reason why, despite many efforts to approve the importation of cars, which has become very important for the country, it is still left on the table without any achievements for the current government. In the current climate and inflation above 40%, which was supposed to drop below 20% based on today’s election promise, despite having to increase the price of gasoline, this government is unable to implement this decision and is forced to pay hidden subsidies to consumers. Is; A subsidy that, ironically, based on economic principles, should not be paid by the government in this area.

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