UP

Rouhani proposes budget rise as Trump threatens growth

Home page Politics
12 Punto 14 Punto 16 Punto 18 Punto

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
Comments
See also

Protest from Ukrainian MPs

Erdogan's message about the Armenian genocide

An important point in the delimitation process - Amirbeyov

Japarov spoke about the construction of the school

This was Putin's big gesture to Aliyev - Kalashnikov

We are developing relations with sister countries - President

Szijjarto is visiting Azerbaijan today

Aliyev invited Japarov to COP29

Presidents make statements to the press

The presidents had a limited meeting

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