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Iran to launch 6th phase of subsidies distribution next week - agency

Thursday, Jul 28,2011, 7:46:21 PM

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The sixth phase of the distribution of cash subsidies envisaged in Iran's targeted subsidies law will be launched next week and cash subsidies will be deposited into families' bank accounts, Mehr news agency reported on 28 July. Based on the approval of the Targeted Subsidies HQ, it is expected that the sixth phase of subsidies distribution will be launched on 3 August. The amount of cash subsidies has not been changed: it remains 45.5 dollars per each family member, Mehr said. Source: Mehr news agency, Tehran, in Persian 0938gmt 28 Jul 11

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