Ahmadinejad proposes referendum on subsidy reform plan

President Mahmoud Ahmadinejad has offered holding a referendum on implementing the subsidy reform plan as he believes implementing the plan in its current form will put the vulnerable families in hard economic condition.

The proposal by the president came as the government has complained of a parliamentary approval which allows it to just gain $20 billion from subsidy cut savings in the next financial year which begins on March 21.


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