The government plans to remove all subsidies in five years . The price of gasoline goes up four - fold . Officials say energy subsidies have cost the Iranian government around $ 100 billion dollars a year , state run Press TV said Monday . Mexico has trillions of dollars in natural resources but still struggles , experts say . The changes aim to dampen domestic demand for gasoline and oil , and bolster overall revenues .
The government plans to remove all subsidies in five years . The price of gasoline goes up four - fold . Mexico has trillions of dollars in natural resources but still struggles , experts say . The changes aim to dampen domestic demand for gasoline and oil , and bolster overall revenues .