...

Iranian president: import of basic goods increases

Business Materials 28 May 2020 12:01 (UTC +04:00)
Iranian president: import of basic goods increases

TEHRAN, Iran, May 28

Trend:

During first two months of current Iranian year (began March 20, 2020), coronavirus has effected Iran's social and economic ties, said Iranian President Hassan Rouhani, Trend reports citing Mehr News Agency.

"Meanwhile, the report of Minister of Economic Affairs and Finance indicates that Iran's import of basic goods during past two months have increased by 21 percent, and $1.7 billion was assigned to importers for purchase of goods," the head of state added.

"The government makes efforts to supply the basic needs and takes all measures to export goods and return of foreign currency revenue," he said. "While execution of the budget for current Iranian year is not an easy task, with good planning it can be achieved," he said.

"Apart from tax revenues, there will be incomes from sale of government's shares on stock exchange" said Rouhani. "The economy should be assigned from public sector to people, and the process includes sale of public shares and sale of government's bonds. It is expected that this month, the government will release bonds worth $7.1 million for the construction sector."

"The Central Bank of Iran predicted 29-percent inflation, but we try to reduce it to 20 percent by the end of current Iranian year," the president noted.

"Iran's non-oil export faced problem in first two months of current Iranian year due to coronavirus spread; fortunately, the disease is under control in some regions and borders will gradually open for export," he said.

Tags:
Latest

Latest