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Kazem Jalali:

Second phase of Subsidy Reform Plan causes more inflation

Service : Politic
Tehran, Nov 5, (ICANA) – Head of Majlis Research Center Kazem Jalali says that lawmakers in the parliament are opposed to the implementation of the second phase of the Subsidy Reform Plan due to its potential inflationary effects in the economy.
Monday, November 05, 2012 3:59:12 PM
Second phase of Subsidy Reform Plan causes more inflation

In an interview with ICANA on Monday, Jalali said, "The results of the first phase of the plan have been scrutinized in Majlis and MPs came to the conclusion that the plan should be temporarily stopped in order to curb its further negative effects."

"The rise in the price of energy, which is set to be implemented in the second phase, would create massive inflation in the country," he added.

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