Mohammad-Jafar Qhaempanah who is also the Chief of Staff added that gasoline is sold at a subsidized rate of 3,000 tomans per liter, and the government covers a subsidy of 40,000 tomans per liter.
He noted that, in many countries, gasoline serves as a source of government revenue. However, the officialca reiterated that addressing gasoline imbalances should not be interpreted as a signal of any immediate price hikes.
Qaempanah noted that the government spends around 6 trillion tomans (approximately $78 million) daily on subsidies, a significant contributor to inflation and the country’s budget deficit.
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