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Discussed at the meeting of Supreme Council of Economic Coordination;

New foreign currency policies, solutions for countering corruption approved/People’s basic needs to be met, supervised from import to distribution

The Supreme Council of Economic Coordination convened on Saturday with President Rouhani and heads of the other two branches taking part.

news id: 105518 -

Sat 04 - August 2018 - 14:16

At the session which was chaired by President Hassan Rouhani, first the policies on foreign currency, which the Central Bank has predicted, were discussed.

Furthermore, based on recent fluctuations in the currency market, the members stressed that the economic conditions in the country require new decisions and reform in the previous policies.

Based on what was discussed, most of the new policies are based on the principle that basic goods must be provided based on the official exchange rate announced by the Central Bank.

It was also discussed and agreed that in the import and export sectors and those who need foreign currency for their essential activities, be provided with facilities.

The details of the policies made today will be discussed by the cabinet in their Sunday regular meeting and the Central Bank Governor will announce them on Monday.

The members also discussed the proposal by Judiciary head regarding speeding up the process of countering corruption and bringing those who disrupt the economic sector of the country to justice.

news id: 105518

- sessions