Updated
Updated · The Wall Street Journal · May 5
Iran social welfare ministry launches electronic vouchers for 87 million people
Updated
Updated · The Wall Street Journal · May 5

Iran social welfare ministry launches electronic vouchers for 87 million people

6 articles · Updated · The Wall Street Journal · May 5
  • The move follows officials' admission that some product prices rose by more than 100% in under a week, with vouchers usable at designated stores.
  • First Vice President Mohammad Reza Aref called for decisive action, while Tehran prosecutors warned price-gougers and hoarders of prison terms of up to 20 years and flogging.
  • Judiciary chief Gholam Hossein Mohseni-Ejei said economic pressure was being used against Iranians and urged businesses to cut profit margins despite rising production costs as the war strains the economy.
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