Iran Introduces Credit-Based Shopping Plan Amid Rising Prices and Inflation Fears
Media outlets in Iran have reported that the government has approved a new economic plan allowing citizens to purchase essential goods on credit, with government subsidies serving as a guarantee for repayment. The move comes as authorities attempt to ease mounting cost-of-living pressures and contain the impact of rising prices on households.
Under the plan, families receiving government support will be able to buy basic commodities from retail stores through a credit system once every two months, provided that the value of purchases does not exceed the amount of subsidy they receive. Reports indicate that the program will be financed through private companies working in coordination with government institutions.
The policy follows a sharp increase in the prices of several essential goods across Iranian markets in recent weeks, prompting officials to explore alternative measures to support consumers and maintain social stability.
Meanwhile, the Iranian economic newspaper Donya-e-Eqtesad outlined three possible inflation scenarios for the current year. According to the report, inflation could reach around 49 percent in the best-case scenario if an agreement is reached with the United States.
However, if the current “no war, no peace” situation continues, inflation could rise to approximately 67 percent. In a more severe scenario involving an escalation of conflict, the country could face hyperinflation, with projections suggesting rates could surge to about 123 percent, posing significant risks to economic stability and household purchasing power.