Banking and insuranceEconomical

Providing the payment of subsidies from the resources of the organization is the purpose of subsidies


Following the publication of a report entitled “The government’s hand in the pockets of banks” in the Etemad newspaper dated June 4, this year, which was also reflected in several other media, the Central Bank’s public relations announced: Are that the government has provided the sources of recent cash subsidy payments (300 and 400 thousand Tomans) from the sources of these banks and owes the banks for this issue; Has raised.

In this regard, and in order to enlighten public opinion, the following explanations are provided that the method of providing subsidy sources to the accounts of heads of households is specified in this year’s budget law. Accordingly, in order to implement the said plan, the government has deposited the specified amounts in the accounts of the recipients of subsidies from the sources of Note 14 of the Budget Law (Resources and Expenditures of the Subsidy Targeting Organization). As can be seen, the executive mechanism of the plan is regulated in such a way that the resources of the banks are not involved in its implementation.

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