Sporadic protests erupt in cities across Iran after the government decides to ration petrol and hike its price
Sporadic protests erupted in cities across Iran, state news agency IRNA said on Saturday, a day after the government announced a surprise decision to ration petrol and hike its price.
About 60 million Iranians in need would get payments ranging from $4.68 for couples to $17.46 for families with five members or more, he added. Fuel cards were first introduced in 2007 with a view to reforming the subsidies system and curbing large-scale smuggling. The rial has plummeted in value against the US dollar, inflation is now running at more than 40 percent and the International Monetary Fund projects that the troubled economy will contract by nine percent this year and stagnate in 2020.
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