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Iran's gov't allocates $14B to purchase basic commodities, meds

Business Materials 27 January 2020 21:07 (UTC +04:00)
Iran's gov't allocates $14B to purchase basic commodities, meds

TEHRAN, Iran, Jan.27

Trend:

Iran's deputy minister of industry, mines and trade has announced the allocation of $14B for purchasing of basic commodities and medicine, Trend reports via IRNA.

"The ministry is ready to regulate the end-of-year market and has provided the needed goods,” Abbas Ghobadi, deputy minister of the Ministry of Industry, Mines and Trade said.

Referring to allocation of $14 billion, Ghobadi said that 90 percent of the credit has been already spent.

“There is enough of red meat, poultry meat, Indian rice and other imported rice," he said.

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