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Iranian President calls for regulation foreign currency market

Finance Materials 30 August 2021 11:00 (UTC +04:00)

TEHRAN, Iran, Aug. 30

Trend:

Iranian President attended the first government's Economic Coordination Headquarters asking the economic team not to make a correlation between economic problems and nuclear talks, Trend reports citing IRNA.

Referring to the important economic issues raised by Iran's Supreme Leader, President Ebrahim Raisi stated that economic problems should be separated from the nuclear talks and their results.

Pointing to the need to recognize the hidden angles of subsidy policies, President Reisi said that for equitable distribution of subsidies, especially with the lower deciles of society, the necessary organization should be done.

The President also mentioned the improvement of the business environment.

He pointed to the need to strictly implement the policies of Article 44 of the Constitution and eliminate obstacles to privatization.

Reisi obliged the government's economic team to review the government's budget and strategies to strengthen monetary value as soon as possible.

In this meeting, the government's economic team was also obliged to take immediate measures to control the foreign exchange market and inflation.

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