Lifting sanctions will help resolve unemployment: Iranian president

Photo: Lifting sanctions will help resolve unemployment: Iranian president / Iran

Baku, Azerbaijan, June 14

By Fatih Karimov - Trend: Lifting sanctions will help Iran resolve unemployment, Iranian president Hassan Rouhani said in a press conference.

Any positive result in the nuclear talks will facilitate foreign investment in the country, Iran's IRIB reported on June 14.

Resolving the unemployment problem will not be feasible just through paying loans, he added.

We are planning to make the economic growth rate positive in the current year, he said.

Last November, under a deal that secured some easing in western sanctions, Iran agreed to halt enrichment of uranium to a fissile concentration of 20 percent, a level below weapons grade but one which would potentially allow it to upgrade its stocks relatively quickly.

Iranian economy minister Ali Tayyebnia has said that reaching 8 percent economic growth rate is feasible.

The national economy has the potential and the capacity to attain 8 percent growth rate, Iran's IRIB reported on June 9.

However, the administration's short-term goal is to get the economy out of recession, he added.

Edited by CN

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