01664cas a2200241 a 4500 AALejournalIMF014325 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475516159 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Middle East and Central Asia Dept. Islamic Republic of Iran : Selected Issues. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (49 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper on Iran focuses on the Targeted Subsidy Reform Law (TSRL). This is the basic law governing the implementation of the subsidy reform in Iran. The TSRL envisaged bringing subsidized prices close to international levels over a five-year period. The paper reviews the implementation of the first phase of the subsidy reform, with a particular emphasis on macroeconomic management. The sharp depreciation of the exchange rate and high inflation significantly undermined progress under the reform. High inflation partially reversed the relative price change under the reform. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2014/094 Full text available on IMF http://elibrary.imf.org/view/journals/002/2014/094/002.2014.issue-094-en.xml IMF e-Library