BAKU, Azerbaijan, March 1
Trend:
Iranian government's main policy is to reduce commodity prices and create balance in the foreign currency market, said the Iranian President.
"The government seeks to coordinate with all organizations and sectors to liberate country's blocked money and immediately reduce the foreign currency rate to its real price," said Hassan Rouhani, Trend reports citing IRNA.
"Prices should be balanced and the government's main and immediate policy is to stabilize commodity prices," he said during Government's Economic Coordination Headquarters meeting on Sunday.
"The government's concern is to reduce pressures on people's livelihood, during past three years it has fight sanctions and has provided necessary commodities but sanctions have caused additional costs on banking relation and trade, and prices fluctuation affected people's livelihood," he said.
The Iranian official has expressed hope that the new situation on negotiation with countries that have Iran's blocked assets would reduce the foreign currency rate.
"The government is reviewing non-oil export development plan that is an important tool to fight illegal sanctions. The quality of domestically produced commodities would increase non-oil export, the new situation requires to hasten the government's target in the development of non-oil export," he noted.
The Iranian president has stressed balanced capital market and commodity prices before the start of the new Iranian year (starts March 21, 2021) and the Nowruz holiday and obligated the Ministry of Industry, Mine, and Trade to use all tools in order to provide fair commodity price.
Deputy Minister of Industries, Mine, and Trade has provided a report from Iran's export and import during the past 11 months in the current Iranian year (started March 20, 2020) that indicated the negative effect of Coronavirus on export has declined in recent months.
