Iran: Subsidy Reform amid Regional Turmoil
The recent end to a decades-long subsidy program for bread and energy products by the Iranian government could potentially cause turmoil in the region, explains Djavad Salehi-Isfahani. Small movements of protesters have already formed in the streets of Tehran, declaring their dissatisfaction with the recent subsidy changes. With this new reform, Iranians are now dealing with the consequences of price increases.
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