Tue Apr 13, 2021 20:06:24
فارسی | العربية | English

President at the session of Cabinet's Economic Coordination Board:

Porting, smuggling fuel not appropriate for country, people/ Achieving a balance in currency prices requires a favorable environment for economic activities

Pointing out that cross-border trade was formed with the aim of improving the lives and livelihoods of border residents and at the same time helping the field of trade with neighbours, the President stressed, "Phenomena like porting and smuggling fuel have serious economic and social damages and are not in line with the dignity of the people and the country".

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Tue 02 - March 2021 - 23:18

At Tuesday's meeting of the Cabinet's Economic Coordination Board chaired by President Hassan Rouhani, he emphasised on creating sustainable employment and improving the livelihood of border residents and definitive and immediate replacement of useful and productive employment instead of the unacceptable actions of porting as the operational goal.

Regarding the report of the Central Bank on the situation of the foreign exchange market and special and effective strategies for managing this market, the President said, "The country is in the proud stage of winning the imposed economic war".

Dr Rouhani said, "The government believes that controlling and managing the capital market and achieving balance in the price of currency requires the continuation of a favorable and reliable environment for economic activities".

The President emphasised, "The general conditions of the country have provided the ground for moving towards the growth of foreign exchange earnings and reducing prices in the foreign exchange and commodity markets".

 

news id: 119954

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