News ID: 234938
Published: 0251 GMT November 28, 2018

Rouhani: Budget bill to focus on boosting production, employment, controlling inflation

Rouhani: Budget bill to focus on boosting production, employment, controlling inflation
president.ir

The new budget bill for next year will include principled plans for controlling the inflation rate, boosting production and employment and supporting the low-income strata, the Iranian president said.

The plans aim to bring about more tranquility to the people, President Hassan Rouhani told a cabinet session on Wednesday, IRNA reported.

In May, US President Donald Trump withdrew Washington from the 2015 Iran nuclear deal and reinstated unilateral sanctions on Tehran.

The illegal reimposition of US sanctions has affected Iranians’ lives in recent months. Following the reimposition of sanctions, the Iranian rial hit a record low against the US dollar.

However, the rial is gaining some respite from its record losses after the country had to take drastic measures to arrest the national currency’s downward spiral.

 

 

 

 

   
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