Sat Aug 13, 2022 17:12:32
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President at the meeting of Cabinet's Economic Coordination Board:

Year 1400 budget bill prepared for the management of country's economy during economic war, based on development path/ Change in the bill's structure, main axes can cause serious damage to people's livelihood, development path and management of country's economy

At its 201st meeting on Tuesday, the Cabinet's Economic Coordination Board was chaired by President Hassan Rouhani and discussed next year's budget, as well as the government's plans and programmes to support the capital market.

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Tue 02 - February 2021 - 12:14

Referring to the reports presented at the meeting regarding the changes made in the government's budget bill in the Islamic Consultative Assembly and the negative effects of these changes on the country's economy, the President said, "The government has repeatedly stressed the need to maintain the main pillars of the budget bill. Issues such as fighting rent seeking, reducing inflation, strengthening the value of the national currency and supporting people's livelihoods and providing basic goods have been seriously considered by the government in this bill".

Dr Rouhani also stated that the 1400 budget bill has been prepared to manage the country's economy in the conditions of economic war and to manage the development path, saying, "The government believes that changes in the structure and main axes of the year 1400 budget bill can seriously damage people's livelihoods and development path and the management of the country's economy".

During the meeting, the Central Bank's report on the foreign exchange and commodity markets was presented and the necessary decisions were taken to strengthen the movement towards reducing inflation expectations.

The President said, "The process of providing foreign exchange for basic goods and medicine by the government continues and this process is being followed seriously so that people do not have to worry about the supply of medicine and basic goods".

"From now on, the necessary planning must be done for the last days of the year so that people can be sure of the supply of basic goods during these days," continued Rouhani.

news id: 119392

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