IranNewsDigest: Quality articles from the world’s leading publications and Iranian blogs all in one spot.
Cut through the clutter. Save time. Understand better.


Aug 24

Iran Central Bank head seeks import reduction

AP (Posted by: Free Iran)
Delicious

TEHRAN, Iran — An Iranian state-owned newspaper quotes the country’s Central Bank governor as saying imports should be decreased in response to the sanctions imposed on Iran over its nuclear program.

Mahmoud Bahmani was quoted by the Iran daily on Tuesday as saying the focus should be on importing “necessary goods,” and that the sanctions would help boost domestic production.

Iran’s economy has been hard hit because of years of sanctions. Its annual import bill tops $50 billion, and Bahmani’s call appears aimed at cutting expenses.

Go to AP.



See Also:
Believe in Green? Enjoy our clippings?
Then, Share This Page.
DeliciousEmail This Post

Comments are closed.

preload preload preload