TEHRAN, Iran, Feb.17
Trend:
Despite all the pressure and sanctions, the Iran's industry growth raised from minus 12.5 percent in March 2019 to plus 2.3 percent in January 2020.
“We can overcome the sanctions and turn threats into opportunities,” Minister of Industry, Mine and Trade Reza Rahmani said, Trend report citing ILNA.
“We controlled the prices and did not let the gas price reform to affect other goods' prices and make them expensive," the minister said referring to the gas price reform plan and the ministry's measures to prevent extra costs.
Touching upon the cars' production situation, Rahmani noted that the production of cars is currently 6,000 vehicles a day.
The Iranian government increased the cost of petrol by 50 per cent at midnight on November 15 as part of the efforts to cope with a sharp fall in income due to the US sanctions. The drivers are now entitled to buy 60 liters of petrol a month at IR15,000 (35 cents) per liter.
Extra fuel is still available, but at a cost of IR 30,000 (70 cents) a liter.