40 percent of families in lower income bracket

February 2, 2010

TEHRAN – The Iran Statistics Center announced that out of 17 million households that have filled forms declaring their economic status, 40 percent have been placed on the income bracket 1 (lower income bracket).

The administration has categorized the people into three income brackets namely lower, middle, and higher for the implementation of the subsidy reform plan.
According to the plan, the subsidies will be cut in stages and the people will receive cash subsidies instead.
The amount of cash subsidy will be calculated based on the families’ incomes