According to the Iranian media, the Governor of the Central Bank of Iran commended the role of the private sector in helping the economy to survive the harsh economic penalties imposed by the United States government.
Had it not been for the “dedication and efforts of the private sector” surviving the current difficult conditions would be difficult, he told a meeting of the Iran Chamber of Commerce, Industries, Mines and Agriculture’s board on Sun. Oct. 20th., 2019.
“The enemy’s aim in imposing sanctions was to stop the economy… this could not be realized but by destroying the national currency and undermining foreign trade,” the CBI website quoted him as saying.
Private businesses have helped meet foreign currency needs of the country by boosting non-oil exports. “This went a long way toward easing the pressure,” the senior banker said.
He concurred, however, that the threats emanating from the illegal and hostile US sanctions persist, warning that the partial easing of conditions does not mean that the ploys and plots are things of the past.
Referring to the impact of the restrictions on the oil industry, Hemmati spoke of $45 billion in lost revenues, underscoring the need to mobilize efforts to overcome the hard conditions and move forward.
Aiming to cripple Iran’s economy, US President Donald in May 2018 abandoned the landmark nuclear deal signed between Tehran and the six world powers in 2015 and announced tougher sanctions to force “Iran back to the negotiating table.”
The last article about “sanctions” published at the PIMI News Channel was: US Sanctions Affects The International Section of IranPlast 2019
