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FinancialNews


  • 03-10-21

    Central Bank of Iran supplies USD9.5B for importing basic goods

    (MENAFN)According to an official with the Central Bank of Iran (CBI), the bank gave USD9.5 billion for importing essential commodities in addition to medicine in the first six months of the current Iranian year.

    The government accredited USD8 billion for the supply of basic commodities and medicine in this fiscal year’s budget bill, all of which was supplied in the first half of the year and USD1.5 billion has also been supplied for the imports of Covid-19 vaccine, Shiva Raveshi stated.

    The official further declared that “The USD9.5 billion that has been provided this year is almost equal to the total currency provided for the imports of basic goods in the previous calendar year (ended on March 20); this shows that this year we performed better in terms of meeting the real needs of the country.”

    “In the conditions of sanctions and reduction of oil revenues, we were able to meet the basic needs of the country and even the necessary materials for the production units, which is considered a success for the country and shows that the capacity of the country's non-oil exports is increasing,” Raveshi added, when pointed to the accomplishments of the bank in spite of the difficulties created by the U.S. sanctions.

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