Restoring economic stability is a priority: Jahangiri
Restoring economic stability is a priority: Jahangiri

 Vice President Es’haq Jahangiri said on Monday that the government prioritizes planning to restore economic stability. “Under the current situation, the government prioritizes planning to reduce pressure that comes from sanctions and restore economic stability to the country,” he said during a meeting of the Supreme Council of Employment. He added, “After re-imposition of sanctions […]

 Vice President Es’haq Jahangiri said on Monday that the government prioritizes planning to restore economic stability.

“Under the current situation, the government prioritizes planning to reduce pressure that comes from sanctions and restore economic stability to the country,” he said during a meeting of the Supreme Council of Employment.

He added, “After re-imposition of sanctions by the U.S., certain sectors of the country’s economy were put under pressure which caused fluctuations in inflation, foreign currency rate, economic and investment growth. In this situation, the government prioritizes planning to reduce pressure of sanctions and stabilizing fluctuations in a short period of time.”

He noted that the government and related bodies are duty bound to create job opportunities for the youths.

“The youths are the main capital of the country who should play role in the country’s economy and create wealth for the country,” the vice president remarked.

In violation of the UN Security Council Resolution 2231, President Donald Trump withdrew the U.S. unilaterally from the nuclear deal in May and ordered sanctions against Iran. The first round of sanctions went into force on August 6 and the second round, which targets Iran’s oil exports and banks, were snapped back on November 4.