Mon Oct 18, 2021 03:59:29
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Ayatollah Raisi in the meeting of the Cabinet’s Economic Coordination Board:

Controlling inflation a key issue, priority for gov’t/ CBI should pursue monetary policies in line with liquidity management, controlling inflation

The president called inflation the government's red line and said that the executive branch should refrain from any action that would lead to an increase in inflation.

news id: 131634 -

Tue 28 - September 2021 - 14:10

Speaking on Tuesday at the meeting of the Cabinet’s Economic Coordination Board held with controlling inflation on its agenda, Ayatollah Dr Seyyed Ebrahim Raisi instructed the Central Bank to pursue monetary policies in line with liquidity management and inflation control.
The President also clarified, "The Plan and Budget Organisation is obliged to prepare the 1401 budget with an emphasis on reforming the structure and eliminating unnecessary budget expenditures”.
Stating that supporting domestic production is a priority of the government's economic policies and programs, he said, "The Ministry of Industry, Mines and Trade should put the import of foreign goods with similar domestic equivalents or unnecessary imported goods on its agenda”.
In this meeting, the Plan and Budget Organisation and the Cabinet’s Economic Coordination Board presented a report on the resources and expenditures of the 1400 budget.
In this meeting, the Plan and Budget Organisation was also obliged to prioritise expenditures and maximise savings in expenditure credits.

 

news id: 131634

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