Arab Today, arab today iran hopeful about lower inflation rate
Last Updated : GMT 19:10:18
Arab Today, arab today
Arab Today, arab today

Iran hopeful about lower inflation rate

Arab Today, arab today

Arab Today, arab today Iran hopeful about lower inflation rate

Tehran - XINHUA

As the nuclear negotiations advance between Iran and the world powers, the officials of the Islamic republic are hopeful about reducing the inflation rate of the country in the coming months, local media reported on Saturday. If we succeed in continuing the current trend of economic progress, the inflation rate will certainly reach below 15 percent by the end of the next Iranian calendar year ending on March 20, 2015, Iran's Finance and Economic Affairs Minister, Ali Tayyebnia said. During the past years, international sanctions reduced the country's oil and petrochemical revenues, Tayyebnia said, adding that it caused an imbalance in the government's budget. Hence, the country became more and more dependent on foreigners and these factors put the national economy in a serious danger, Tayyebnia was quoted as saying by Tehran Times daily. On March 1, the Statistical Center of Iran announced that the inflation rate for the eleventh Iranian calendar month, which ended on February 19, hit 33.7 percent, a 1.3 percent decline compared to the previous month. Taking office in August 2013, Rouhani inherited an economy in recession, with the official inflation rate of over 40, as the international sanctions against Iran weakened its currency and accelerated its inflation. The new president pledged to reinvigorate Iran's economy by improving its relations with foreign countries and resolving the disputes over its nuclear program.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today iran hopeful about lower inflation rate Arab Today, arab today iran hopeful about lower inflation rate

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today iran hopeful about lower inflation rate Arab Today, arab today iran hopeful about lower inflation rate

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday