29 July 2018 - 16:54
  • News ID: 283910
Veep calls on CBI to Prepare for US Oil Sanctions

TEHRAN (Shana) -- First Vice-President Eshaq Jahangiri called on the Central Bank of Iran to devise the required plans to safeguard the country's economy against potential US sanctions.

"One of the plans pursued by the US to minimize Iran's revenues is imposition of restrictions on the sale of oil, petrochemicals and metals and the CBI is now required to revise its policies," the official said on Saturday evening.

"In the field of curbing inflation, job creation, increasing investment, boosting non-oil exports, and meeting the needs and problems of the private sector, the [Rouhani] administration's economic team has had good gains, the official said, addressing the farewell ceremony of CBI head.

He further said that currently the country was in a sensitive state but it never meant it had reached a dead end, and there were opportunities that needed to be exploited to drive the country towards development.

News ID 283910

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