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Iran's VP calls for mutual understanding to solve economic problems

Iran Materials 21 February 2019 14:46 (UTC +04:00)

Tehran, Iran, Feb. 21

Trend:

Iran's Vice President Es'haq Jahangiri has expressed the need for mutual understanding to solve the problems in the country's economy, including privatization.

Referring to the country's economic problems, he said, "Today some say the problem in economy is that it is public, but whenever there are efforts for privatization some say there is corruption in it," Trend reports citing Fars News Agency.

He said Iran's dependency on oil has caused the "enemies" to implement sanctions on oil sales.

"On the other hand, the private sector is not very strong and cannot carry the economy alone. Therefore, the sector should be improved while the government's revenues are limited."

"The country's current condition is difficult and it requires mutual understanding to surpass the obstacles, instead of chaos," he added.

The official also said that at the recent Warsaw summit "some by the help of Israel, the US and Saudi Arabia wanted to create phobia against Iran. They have done this before and have failed, and this time they will be defeated again, but we should have a logical and moderate approach towards these efforts."

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