Minister: 'Smart economy' - part of solution to save Iran's economy

Finance Materials 31 May 2019 17:28 (UTC +04:00)

Tehran, Iran, May 31


Iran's Ministry of Economic Affairs and Finance seeks to get more involved with digital currency and related businesses, minister Farhad Dejpasand said, Trend reports via Mehr News Agency.

"We are currently designing a road map for 'smart economy'. The ministry should play a role in issues related to digital currency, digital transactions," he said.

"In my opinion, 'smart economy' has six bases; digital identity, digital literacy, digital security, digital availability, digital property and digital law for business," he said.

Dejpasand said that the government's responsibility is to create necessary infrastructure, but added that this plan is unlikely to be realized in the current term of the government.

"Smart economy is part of the solution to rescue Iran's economy," Dejpasand said.

He went on to say that 'smart economy' is far more innovative than digital economy and more transparent than traditional economy.