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Iran Press TV

Presidential candidate Mohsen Rezaei promises to increase cash handouts 10-fold

Iran Press TV

Saturday, 29 May 2021 2:01 PM

Iranian presidential candidate Mohsen Rezaei has promised to increase cash handouts to the Iranian people from the current monthly 455,000 Iranian rials (1.9 US dollars) to 4,500,000 — an increase of ten times and another indication that the candidates running in the June 18 election are heavily focused on the economy.

Rezaei told Tasnim news agency on Saturday (May 29) that the increase would neither affect prices nor would they impose an extra financial burden on the administration.

Iranian administrations have since 2010 been paying cash handouts to Iranian households in return for the omission of or decreases in government subsidies on certain staples. The cash was meant to be handed out to the lower economic echelons of the society, and several attempts have since been made to identify higher classes and eliminate them from the list of the households receiving the handouts.

Earlier, on Friday, Rezaei said on state radio that he would cut government expenses by eight billion dollars if elected, making way for the 4,500,000-rial cash handouts.

In his newer remarks, Rezaei said his potential administration would be one of "action and breakthrough," and that his modus operandi would be operational.

"We will do away with making decisions behind closed doors and [merely looking at the society from] behind windows," he said. "Our administration will be field-oriented, a field that has plans from diplomacy to individual households."

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