UP

Rouhani proposes budget rise as Trump threatens growth

Home page Politics
12 Punto 14 Punto 16 Punto 18 Punto
Rouhani proposes budget rise as Trump threatens growth

Iranian President Hassan Rouhani proposed on Sunday a state budget of about $100 billion for next year, loosening the purse strings to support economic growth as Donald Trump’s election threatens to put renewed pressure on Tehran.

Axar.az informs, the U.S. president-elect said during his campaign that he would scrap last year’s nuclear agreement between Iran and world powers, in what would be a big blow to the Iranian economy just as it emerges from years of sanctions.

Rouhani announced a draft budget for the Iranian year that will start on March 21 of 3,200 trillion rials ($99.7 billion at the official exchange rate), excluding state enterprises. That is up 9 percent from the plan for the current year.

“Maintaining the growth rate that was launched in the (current) year is the main economic issue for the country and all economic policies should be designed around this axis,” Rouhani told parliament in a speech carried live by state television.

Date
2016.12.04 / 18:29
Author
Axar.az
See also

Erdogan, Rutte hold phone talks

Azerbaijan reaffirms commitment to mine action

Ilham Aliyev congratulates Senegal on Independence Day

Pezeshkian thanks Azerbaijan for support in phone call

Iran rejects US 48-hour ceasefire proposal

Azerbaijan-Turkiye joint drill begins with flag exchange

Azerbaijan, Uganda hold high-level foreign affairs talks

Putin and Erdogan discuss escalation in Middle East

India-Azerbaijan officials set to meet this week

Over 40 countries call for reopening of Strait of Hormuz

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla