Iran has reached economic growth despite COVID-19

Business Materials 6 January 2021 14:11 (UTC +04:00)
Iran has reached economic growth despite COVID-19

BAKU, Azerbaijan, Jan.6


Iran experienced economic growth during the COVID-19 outbreak, while the inflation has been on the decline, said Iran's President Hassan Rouhani, Trend reports via IRNA.

"Iran is one of the few countries in the world that had economic growth during the outbreak of coronavirus," said Rouhani.

"There was an economic growth in first six months of the current Iranian year (started March 20,2020), despite sanctions and the coronavirus. We are having positive growth that would continue until the end of current Iranian year (started March 20,2020)," he said.

Rouhani went on to say that the monthly inflation in Iran from Nov. 21 to Dec. 20 has been kept under control and even declined a little.

"Despite pressure and problems, the government has provided advances to low-income families and vulnerable class of society. It has supplied gas, water and power to remote villages, constructed roads, set up health and communication network," said Rouhani.

"During the past seven years more than 12,000 villages were connected to clean water network, while the government provided water, power and gas to low-income families," he said.

Rouhani said his government has provided support packages top 60 million people since the last Iranian year (started March 21,2019).

"The government has provided various support packages during COVID-19 to individuals that suffered from the situation, and offered loans to businesses and people," he said.

Rouhani added that the government has considered a new support package for 35 million people.