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| Syria-Lebanon-Iran |
| Iranian MP defends fixed price scheme |
| 2005-10-08 |
| Link To Article A lawmaker said that the parliamentary decision to set fixed prices for goods and services in the year to March 2006 has been implemented properly, stressing that the initiative has nothing to do with the government's budget deficit. no, no, nothing whatsoever... Asghar Geranmayeh-Pour, a member of the Majlis Plan, Budget and Audit Commission, told Moj news agency that the government's budget deficit is chiefly due to its failure to realize projected revenues The country's total budget for this year amounts to over 1,600 trillion rials, one-third of which is allocated to state companies, he said, adding that the government's general budget, which constitutes the major portion of the entire amount, will not be affected by the fixed price initiative. He said the initiative stipulates that the prices of goods produced and services rendered by state companies must remain unchanged this year. gotta keep paying for them atom smashers somehow... Asked whether President Mahmoud Ahmadinejad might choose to stop the initiative, the lawmaker said the chief executive has given top priority to taming inflation, stressing that the president will not allow prices to go up further, if he were to implement his anti-poverty programs. no poverty here! Geranmayeh-Pour's remarks come less than two weeks after a senior lawmaker said that the government's budget deficit is expected to increase by 30 trillion rials to reach 70 trillion rials until March Mohammad Shahi-Arablou, who heads the Majlis Economic Commission, told ISNA that the government faced a 40-billion-rial budget deficit in the year to March 2005. However this year, we are expecting an additional 30 trillion (budget deficit) rials due to the fixed price law, he said, adding that the budgeting system should have taken into account the high costs and other economic impacts of the parliamentary initiative while devising the general budget for the current year. Energy sector has been unable to increase prices of oil products given the parliamentary decision to fix prices of energy carriers. Billions of rials are being pocketed by |
| Posted by:Wholing Elmomotle2894 |
| #2 Abu Richard Nixon and the price freezes |
| Posted by: Frank G 2005-10-08 23:20 |
| #1 Ye olde price freeze. Excellent idea. Consider demanding an immediate 5 percent across the board increase in productivity too. And remember, there's a huge market in the infidel West for ponies. |
| Posted by: Milhous 2005-10-08 21:41 |