Iran’s universal cash transfer (UCT) programme plays an important role in fighting poverty. But as this column shows, its real value and impact on the country’s poorest people has diminished significantly as a result of rising prices. Over the five-year period since the UCT was first operating in 2011, inflation halved its original value.
Ali EnamiTulane University
Ali Enami is a Ph.D. candidate at the Department of Economics at Tulane University and a resident Research Associate at the CEQ Institute. His research focuses on the socioeconomic effects of fiscal policies in various areas such as poverty, inequality, migration, and educational achievement.