Alongside a new wave of food inflation in Iran, the head of the Livestock and Poultry Working Group of Iran’s Chamber of Commerce said that removing preferential currency had destructive effects.

Hosein Mahdizadeh announced that the sudden elimination of preferential currency for livestock inputs last year caused 70 percent of poultry meat producers and 50 percent of egg producers to go bankrupt and leave the production cycle.

Interview with Mahtab Qoli Zadeh, an economic journalist