He added that the government plans to spend all revenue earned from gasoline sales on supporting people’s livelihoods, emphasizing that gasoline subsidies should benefit all citizens.
According to khamenei.ir, Pezeshkian, speaking about the government’s main executive actions over the past year, said the administration is focused on correcting major economic imbalances across the country.
“We want to give gasoline subsidies to all people,” Pezeshkian said. “The government has decided that whatever revenue it earns from gasoline sold at 50,000 rials will be fully spent on food vouchers or direct livelihood support.”
He said controlling gas flaring is another priority, noting that the potential profit from reducing gas flaring amounts to about $5 billion to $6 billion. “So far, we have managed to control nearly 15 million cubic meters of gas per day, while in previous years the total was about 9 million cubic meters,” he said. He added that contracts have been signed with various contractors to curb flaring in other fields, with negotiations ongoing where agreements have not yet been finalized.
Pezeshkian said the government has broken what he described as a long-standing taboo against changing gasoline prices. “We started with ourselves,” he said, adding that government vehicles, free trade zones and new vehicle license plates now use gasoline priced at the market rate of 50,000 rials.
Addressing waste and excessive consumption, Pezeshkian said Iran produces energy equivalent to about 180 billion dollars annually, including roughly 9 million barrels per day of oil and gas, of which about 1.5 million barrels are exported. “If we save just 10 percent — which is very achievable — that would amount to about 900,000 barrels per day,” he said.
The president said the government fully understands the economic pressures facing people, noting that oil prices have fallen from about $75 per barrel to $50, reducing revenues amid external pressure, conflict and lower production and services. Despite this, he said the government plans to convert about $2.5 billion into local currency by the end of the Iranian year and distribute food vouchers to eligible groups. “Even though 50,000 rials may not seem like much, the decision is that every rial earned from gasoline will go to food vouchers or people’s livelihoods,” he said.
Pezeshkian questioned the fairness of current fuel subsidies, saying monthly subsidies can reach nearly 8 million rials per vehicle under quota limits, and up to 20 million rials with higher consumption. “Why don’t we give this subsidy to everyone?” he asked. “We are not raising prices. We want to give what we earn to all people.”
He stressed that the government will not retain any of this revenue for itself and will not cut subsidies, but will redistribute them more fairly. “Someone with several cars may receive millions in subsidies, while others cannot afford bread,” he said.
Pezeshkian said the government plans to consult with the public, lawmakers and officials next year to build consensus on subsidy reform. He added that the proposed national budget submitted to parliament includes only a 2 percent increase, compared with growth of 40 percent or 50 percent in previous years. “We tried to reduce our own costs,” he said, urging lawmakers not to add new spending.
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