...

Iran's economic circles unable to use their potential due to lack of investment

Business Materials 10 January 2019 14:34 (UTC +04:00)

Baku, Azerbaijan, Jan. 10

By Elnur Baghishov - Trend:

There are markets in Iran for many economic circles for additional production but they cannot use their potential due to the decline in investments, Iran’s Industry, Mine and Trade Minister Reza Rahmani said at a joint meeting with the chairman and members of the Iranian Parliament’s Economic Commission, Trend reports via IRNA.

He said that keeping the current production and employment conditions is a priority of the Iranian Ministry of Industry, Mine and Trade. The Economic Commission of the Iranian Parliament may carry out the necessary supporting measures in this regard, he noted.

He added that there is no problem with providing essential products, there are affordable reserves in warehouses, positive steps have been taken regarding ​​non-essential products as well.

The minister said that a special program for supplying goods and controlling markets and price stability has been set up for the next Iranian year (starting from March 21, 2019). The ministry will continue its efforts to establish stability, he added.

“The president of Iran emphasizes the necessity of ensuring stability, essential and non-essential products,” he said. “The currency allocated to different spheres should be spent in the optimal way and citizens should feel its impact on their daily lives. The Ministry of Industry, Mine and Trade, as well as the Ministry of Agriculture Jihad of Iran have special programs in this direction.”

Tags:
Latest

Latest