Iran Wheat Consumption to Drop With Subsidies Cut, Donya Says

Iran's domestic wheat consumption is expected to drop to 6.4 million tons in the current Iranian year from 8.7 million the previous year, following a cut in subsidies in December, Donya-e-Eqtesad reported, citing Deputy Commerce Minister Hamid Alikhani. The government paid some 40 trillion rials ($3.8 billion) a year in bread subsidies, Alikhani said, according to the Tehran- based newspaper.

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