Middle East-NO PICS

Iran’s Raisi pledges to tackle inflation

Iranian President Ebrahim Raisi on Sunday set the tackling of galloping inflation and currency devaluation as priorities for the 2023-2024 budget presented to parliament.

The pledge came as the rial touched a new low.

Addressing MPs, Raisi tried to reassure Iranians over the economy which faces a serious crisis due primarily to US sanctions, mainly on oil exports. These were reimposed after Washington’s withdrawal from the Iran nuclear deal in 2018.

For Feedback & Comments, please write to us on hello@newswire.ae

admin.newswire

admin.newswire

About Author

Leave a comment

Your email address will not be published. Required fields are marked *

You may also like

Middle East-NO PICS

Tears, anger at Paris funeral for Kurdish shooting victims

Thousands of Kurds from across Europe travelled to the Paris suburbs Tuesday for the politically charged funeral of three of
Middle East-NO PICS

Iran pursues 94 US citizens over Soleimani killing

Tehran has announced it is pursuing dozens of people it accuses of involvement in the 2020 assassination of its Quds