Iran General NewsIran has designed one-year plan to avert sanctions, Donya...

Iran has designed one-year plan to avert sanctions, Donya says

-

Bloomberg:L Iran’s president Mahmoud Ahmadinejad has designed a one-year plan to avert the effects of increasing sanctions against the nation, Donya-e-Eqtesad reported, citing a top official. Bloomberg

By Ladane Nasseri

Iran’s president Mahmoud Ahmadinejad has designed a one-year plan to avert the effects of increasing sanctions against the nation, Donya-e-Eqtesad reported, citing a top official.

Ahmadinejad made the comments in a July 7 meeting when he gave a briefing on Iran’s economic situation to the Expediency Council, which has the final say in disputes on legislation, Mohsen Rezai, the council’s secretary said, according to the Tehran-based newspaper. The president participated along with the Central Bank governor, the oil, economy and finance, and industries, mines and commerce ministers, Donya said.

Western-led sanctions against Iran have created problems in the past 2 years and pressure has intensified in the last six months leading to “a drop in the foreign currency revenues,” “complications for banking transfers,” and “restrictions on ships that bring goods to Iran,” the government said, according to Rezai.

Details given speak of “a dastardly economic war against the country and its people,” Rezai was quoted as saying. The president and ministers said they disapprove of “high prices that are pressuring people” inside the country, he added, according to the report.

Latest news

Iran’s Negative Economic Growth: From Statistical Manipulation to the Collapse of Investment

When the gap between official figures and reality becomes too wide, the economic crisis is no longer confined to...

Iraq Sets September 30 as Deadline for Disarmament of Iranian Regime-Backed Militia Groups

Iraqi government spokesperson Haider al-Aboudi announced on Monday, June 29, that the government has given Shiite armed groups backed...

Escalating Iran-US Conflict Cuts Strait of Hormuz Traffic, Lifts Oil Prices

Oil Prices Rise and Ship Traffic Through the Strait of Hormuz Declines Following Tensions Between Iran and the United...

The ‘No To Executions Tuesdays’ campaign has entered its 127th week

The campaign “No to Executions Tuesdays,” a prisoner-led protest against executions held across multiple prisons in Iran, entered its...

Sixty-two Members of the Iranian Regime’s Assembly of Experts Call for Keeping the Strait of Hormuz Closed

As signs of divisions and rivalry at the highest levels of the Iranian regime have become increasingly apparent, 62...

Workers and Retirees in Iran Once Again Protest Over Living Conditions

Retirees and workers held protest gatherings and marches in several cities across Iran on Sunday, June 28, once again...

Must read

Iran’s ethnic protests show no sign of relent

Iran Focus: Orumieh, Iran, May 25 – Anti-government protests...

Exclusive: Photo shows Iran’s Ahmadinejad as hostage-taker of US diplomats

Iran Focus: London, Jun. 29 – Iran Focus has...

You might also likeRELATED
Recommended to you