Iranian authorities announced on Sunday that every citizen in the country will receive a monthly allowance as part of efforts to alleviate the economic strain caused by rising inflation and ongoing protests.
Fatemeh MoHajjerani, the government spokeswoman, confirmed that each Iranian would be credited with one million Tomans (approximately $7) per month for the next four months. This allowance, given in the form of credit for specific goods, aims to “reduce the economic pressure on the people,” MoHajjerani stated during a broadcast on state television.
With a population of over 85 million, Iran's economy has been struggling due to years of international sanctions, largely imposed because of Tehran's nuclear program. The minimum wage in Iran is roughly $100 (85 euros), and the average monthly salary is about $200, highlighting the economic challenges faced by ordinary citizens.
Iran’s inflation rate reached 52% year-on-year in December, while the national currency, the rial, has lost more than a third of its value against the US dollar over the past year, significantly diminishing purchasing power across the country.
In response to the worsening economic situation, sporadic protests erupted, marking the eighth consecutive day of unrest. These protests, driven by economic uncertainty and dissatisfaction with the government’s handling of the country’s financial crisis, have spread to at least 40 cities, with the majority of protests taking place in medium-sized cities in the west of Iran.
At least 12 people have been reported killed, including members of the security forces, according to official sources. The protests underscore growing discontent and frustration among Iranians over economic hardship and government policies, especially amid the devaluation of the rial and the rising cost of living.
Source: Arab News
Bd-pratidin English/ Jisan
