TEHRAN, Iran, Jan. 26
Trend:
The vice president of Iran announced five economic executive orders, Trend reports citing IRNA.
The executive orders included the reduction of petrochemical feed rates, reduction of bank interest rates, reduction in bond sales, reduction in royalties under the Mining Law, and increase of banks' exchange rate.
Iranian Vice President Mohammad Mokhber announced the mentioned decisions after the meeting of the government's economic coordination headquarters.
The minister of Industry, Mine and Trade Seyed Reza Fatemi, the Minister of Economic Affairs Seyed Ehsan Khandozi, the Oil Minister Javad Owji, and the head of Planning and Budget Organization of Iran Seyed Massoud Mirkazemi, as well as the Central Bank of Iran governor Ali Salehabadi, attended the meeting.
