Iran's Raisi pledges to tackle inflation - News Summed Up

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Iran's Raisi pledges to tackle inflation


Photo: ATTA KENARE / AFPSource: AFPIranian President Ebrahim Raisi on Sunday set the tackling of galloping inflation and currency devaluation as priorities for the 2023-2024 budget presented to parliament. Addressing MPs, Raisi tried to reassure Iranians over the economy which faces a serious crisis due primarily to US sanctions, mainly on oil exports. "Transparency, improving people's livelihoods... controlling inflation and costs and supporting the stock market" are the budget priorities for the year starting on March 21, Raisi said. President Ibrahim Raisi told lawmakers that 'the enemy is trying to impose difficult conditions and despair'. "The enemy is trying to impose difficult conditions and despair on the people" but "the government and parliament must give people hope," Raisi said.


Source: The Star January 22, 2023 17:27 UTC



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