Rouhani hails CBI efforts in face of sanctions
Rouhani hails CBI efforts in face of sanctions
President Hassan Rouhani expressed gratitude to the Iranian authorities and people, especially the Central Bank of Iran, for their efforts to overcome the coronavirus pandemic in the face of US sanctions.

TEHRAN (Iran News) -“With the efforts made by officials and the nation’s resistance, the country has well passed the difficult condition of sanctions and economic war,” Rouhani said in a session with the officials of the Central Bank of Iran (CBI) on Tuesday.

The president expressed special thanks to the CBI governor and authorities who have been struggling in the face of the inhumane sanctions imposed by the United States against and Iran that prevented the country from purchasing coronavirus vaccine.

He underlined that such relentless efforts should not be ignored and no one should distort the facts of the country’s history in the face of the economic war.

Rouhani noted that the government is doing its best to lift the sanctions and will not miss a single moment.

“It is difficult to move in this direction and it has its own challenges,” he said but assured that the situation will be way better in the next fiscal year, which starts on March 21.

The president concluded by urging people and authorities to follow the instructions of the Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei and join hands to overcome the existing problems.

Preliminary estimates by the Central Bank of Iran (CBI) show Iran’s gross domestic product in the first nine months of the current Iranian year (started March 20, 2020), using constant prices of the year ending March 2012, stood at 4,806 trillion rials ($19.37 billion) compared with 4,704 trillion rials ($18.96 billion) of the corresponding period of last year, registering a 2.2% year-on-year growth.

Economic growth, excluding oil, expanded by 1.9% to reach 4,190 trillion rials ($16.89 billion) during the period under review, according to CBI.

The central bank’s sectoral breakdown of growth rates shows that “agriculture”, “oil” and “industries and mining” groups experienced a respective growth rate of 4.6%, 3.9%, and 6%.

The services sector was the main laggard with a 0.3% contraction.

  • source : IRAN NEWS