Financial Tribune- The last time the country experienced a rise in retail bread price was in November 2014. Despite the soaring costs, bakers say, the government does not allow any increase in bread prices. Last years directive by Market Regulation Headquarters authorizing a 15% rise in bread prices only lasted for a day, as President Hassan Rouhani ...

Financial Tribune- The government will allocate 50 trillion rials ($1.19 billion) to bread subsidies and guaranteed wheat purchase scheme as per the budget bill for the next fiscal year (March 2018-19). The figure indicates a 50% decline compared to the current years budget, ISNA reported. More than 8.87 million tons of wheat worth 116 trillion ...

IFP has taken a look at the front pages of newspapers on Tuesday and picked headlines from 21 of them. IFP has simply translated the headlines and does not vouch for their accuracy. Iranian dailies gave extensive coverage Tuesday to a press conference of Deputy Judiciary Chief Gholamhossein Mohseni Ejei in which he touched on a wide range of issues ...

Tehran, Dec 1, IRNA Government spokesman Mohammad Baqer Nobakht in a press conference after the cabinet ministers' session elaborated on the increase in price of bread up to 30% in different provinces. He said the government has made no decision on raising the bread price and will pay the subsidy to wheat cultivators as before. Pointing to government ...