
Ahmadinejad insistence on implementing of second phase of subsidy reform plan
Iranian president Mahmoud Ahmadinejad in a meeting with a group of East Azerbaijan Province representatives stressed on implementation of second phase of subsidy reform plan and said, If implementing the plan is delayed, it would cost more to run, Fars reported.
Iran's MP: Government faces problem in paying cash subsidies
The Iranian administration is facing problem in providing money for paying cash subsidies to the public and implementation of second phase of subsidy reform plan isn't practicable under such conditions, member of Majlis Planning and Budget Commission Abdolkarim Hashemi told Fars news agency.
Iran resumes Peugeot 206 production line
Iranian giant car maker Iran Khodro (IKCO) has restarted manufacturing the Peugeot 206 from the beginning of 10 month of the current Iranian calendar year, which began on March 20, 2012, ISNA reported on Monday.
Iran plans to omit USD, Euro from economic transactions
Iran plans to omit the dollar and euro from its economic transactions in the future and rely on local currencies for trade, the Iranian Economy Minister, Seyyed Shams Al-Din Hosseini told IRNA.