Iran to Exit From Recession Soon
IRAN NEWS ECONOMIC DESK
TEHRAN – Minister of Economic Affairs and Finance, Farhad Dejpasand said that his country would get out of recession in the near future.
Answering a question about Iran’s exit from recession next year Farhad Dejpasand said, “I have to congratulate all the economic activists, policy-makers, and also decision-makers who despite all the pressure coming from some countries, are now moving in the way to get out of the recession.”
“The World Bank has also acknowledged that we will get out of recession in the near future,” the Iranian Minister of Economic Affairs and Finance added in an interview with Iran Press.
“I have stated that the achievement is due to all the policies the government has taken to lead liquidity to production, management of resources and production capacity,” he said.
According to Dejpasand, a set of policies and actions of the government and the private sector will help Iran to get out of recession soon.
In its latest report, the World Bank (WB) forecast that Iran’s economy will move out of a downturn in 2020. According to the WB report, Iran can experience its positive economic growth next year after the recent sanctions imposed against the country.
Meanwhile yesterday the Minister of Industry, Mines and Trade Reza Rahmani has said Iran is currently ranked 10th in the world in terms of steel production.
“We were in 13th place, but we have improved our ranking by 3 places to become the 10th largest producer of steel in the world. Our world ranking in steel production has improved”.
Reza Rahmani added: “Our steel production is increasing and this year we are on course to produce 28 million tons of steel”, the high ranking official highlighted.
Iran to Exit From Recession Soon
Rahmani stated the production of steel, copper, and aluminium are all set to increase during next year.
Meanwhile Minister of Health and Medical Education stated that Iran’s economy is in a state of war.
Referring to the unjust sanctions of the United States, especially in the field of healthcare, Minister of Health and Medical Education Saeed Namaki said: “Our economy is in a state of war. In this situation, perhaps many people do not know how we procure medicine and they also don’t know how much we are trying not to let a surgery room gets out of service and we would not be ashamed.”
Namaki was speaking in the opening ceremony of the new academic year at Tehran University which was held with the presence of Iranian President Hassan Rouhani, the Minister of Science, Research and Technology Mansour Gholami and a group of university figures and students according to Iran Press.
