Government subsidy for solar power storage box in Iran

According to earlier critics, even if half of $20 billion is passed as part of the compensation to the poorer 50% of the , it will amount to $25 per eligible person per month; "no way near enough to make up for such inflation rates". Critics say that if the government goes for the top of this rangecould rise up to 40% through the economy.The , however, has predicted a more modera. According to the plan of the Renewable Energy and Energy Efficiency Organization of Iran (SATBA), all government office buildings will gradually install photovoltaic power generation systems to achieve self-sufficiency in electricity.
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Subsidies in Iran

OverviewEffects and criticismObjectivesImplementationSee alsoExternal links

According to earlier critics, even if half of $20 billion is passed as part of the compensation to the poorer 50% of the Iranian society, it will amount to $25 per eligible person per month; "no way near enough to make up for such inflation rates". Critics say that if the government goes for the top of this range inflation could rise up to 40% through the economy. The International Monetary Fund, however, has predicted a more modera

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6 FAQs about [Government subsidy for solar power storage box in Iran]

How much money does Iran spend on fuel subsidies a year?

According to the Iranian government, $100 billion is spent on subsidies each year. The reform plan aims to encourage public transport by decreasing fuel subsidies.

Will Iran save $100 billion on subsidies?

Iran wants to save up to $100 billion on subsidies within three to four years. For implementation of the bill, an entity has been established as a duly authorized governmental company under the name "Targeting Subsidies Organization".

What is the goal of Iran's subsidy reform?

The stated goal of the subsidy reform is "to rejuvenate Iran's economy, increase productivity, give it a new footing and bring it out of the slump it has been in for so long". [citation needed] Concretely, the government plans to replace the subsidies with targeted social assistance.

How much water does Iran save from subsidy cuts?

Retrieved June 11, 2010. ^ a b c Subsidy cuts save Iran $8.4 billion in water, power consumption Archived 2013-06-12 at the Wayback Machine. Tehran Times. Retrieved January 13, 2012.

How does Iran's subsidy reforms affect income inequality?

To compensate, the government says it has allowed producers to adjust their prices more liberally and it has given free loans and energy subsidies in some cases. In recent years, income inequality in Iran has declined by different measures, which may be an effect of the subsidy reforms.

What is a subsidy reform plan?

The goal of the subsidy reform plan is to replace subsidies on food and energy (80% of total) with targeted social assistance, in accordance with a Five Year Economic Development Plan and a move towards free market prices in a 5-year period.

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