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News ID: 806
Iran » Iran
Publish Date: 11:51 - 16 April 2013
Tehran, YJC. Ahmad Tavakoli has said that there are possibilities that the current year will bring more problems in budget compared to last.

Tavakoli said that one must leave room for the possibility that in the current year things will be worse, because "Economic phenomena leave tardy, gradual effect.”

As the reasons for his belief he said "The reasons is that, regrettably, the government has maintained its proprietorial view of oil, as it did in all the past years, liking it more the more expensive it got. But currency is a tool for policy-making with which to maintain economic equilibrium, not to top up the budget.”

Former Director of the Research Center of the Majlis said "The government set the currency price at 24,500 Rls for this year. This means that the country’s currency value is officially halved. Our national currency depreciation started in September, but from this moment on it is halved officially.”

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