Iran to remove 1 million more wealthy citizens from welfare rolls to ease budget crisis

August 2, 2015 2:43 PM

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TEHRAN, Iran – Iran will stop giving cash handouts to another million of its wealthiest citizens in order to ease a budget crisis caused in part by sanctions linked to its disputed nuclear program.

State TV quoted Labor and Social Welfare Minister Ali Rabiei as saying Sunday that the cuts will be implemented by Aug. 22.

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