Trade and markets
 

Detail

Area
Iran
Commodity Group
Oilseeds, oils and meals
Commodity
All edible oils
Date
01/01/2014
Policy Category
Consumption and marketing
Policy Instrument
Food subsidy
Description
Started public distribution of food packages, including vegetable oil.
Notes
ISLAMIC REPUBLIC OF IRAN – food subsidy: Reportedly, the government started handing out food packages, which contained two liters of vegetable oil per month – to low income families, with a view to protecting them against rising food prices. According to local sources, the government’s initiative has raised concerns that the food handouts could gradually replace the monthly cash payments that the majority of Iranians receive since 2007.