Economy

Iran president, economists review ways to resolve economic problems

Iranian President Seyyed Ebrahim Raeisi in a meeting with a group of economists reviewed possible ways and options to try to resolve the economic woes of the nation.

During the meeting on Tuesday night, Raeisi explained the economic situation of the country when it was handed over to his administration in early August, saying that the current situation should be changed based on expert opinion.

He touched on some of the pressing problems plaguing the Iranian economy including the high rate of inflation, and ineffective state subsidies, noting that according to economists inside and outside his administration, it is possible to change and improve Iran’s economic status.

Price stability and inflation management are among the main points pursued by the government in a way that prevents price increases and preserves the value of the national currency, makes the economy predictable for producers and business owners and the general public, the president said.

“We are about to begin preparing the most important financial document of the country, the budget for 1401 (next Iranian calendar year). The budget should be justice-oriented and based on spatial planning so that the resources can be distributed fairly,” the Iranian president stated.

Raeisi stressed that his administration views production prosperity as the way out of economic problems and seeks to act on the emphasis of the Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei on removing barriers to production and supporting domestic manufacturing.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

Senior advisor to Iran FM: No immediate plans to adjust military advisors in Syria

Ali Asghar Khaji, a Senior Advisor to Iran’s Foreign Minister, stated in an interview with…

8 hours ago

Biden, Xi to discuss China’s support for Russia at APEC summit

US President Joe Biden will meet with Chinese President Xi Jinping on the sidelines of…

10 hours ago

Rights group accuses Israel of crimes against humanity over forced displacement of Gazans

Israel is using evacuation orders to pursue the “deliberate and massive forced displacement” of Palestinian…

10 hours ago

Iran to give ‘immediate response’ to any anti-Tehran resolution by IAEA: Nuclear chief

Mohammad Eslami, the head of the Atomic Energy Organization of Iran (AEOI), has warned of…

10 hours ago

Trump seeking to bring Ukraine, Russia to negotiating table: US National security advisor nominee

Donald Trump wants to bring Moscow and Kyiv to the negotiating table to end the…

11 hours ago

Army commander: Iran to deliver crushing response to Israel

The Commander-in-Chief of the Iranian Army, Major General Seyyed Abdolrahim Mousavi, has vowed a decisive…

11 hours ago