Iran has fixed new electricity, water and gas prices within the governmental plan to reduce the subsidies, IRNA agency reported.
According to the agency, electricity tariffs were raised from 1.6 cents up to 4.5 cents per 1 kWh, water tariffs from 8 cents up to 28 cents per 1 cubic meter, gas tarrifs from 1, 3 cents up to 7.0 cents per cubic meter from December 19.
It was reported that the petrol prices were raised four times due to reducing the governmental subsidies for the population.
Now the petrol price will hit about 4,000 riyals per liter.
However, the authorities try to soften the effect of abolishing the subsidies.
"We have taken additional actions, in particular, the petrol price (up to 50 liters per month) will still be subsidized for the first month," President Ahmadinejad said.
Moreover, direct payments to poor families will be made from Sunday.
The president said that the governmental plan on reducing the subsidies will give impetus to the economic growth.
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