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  • 02-08-21

    Iranian government applies new strategies to cut reliance on oil

    (MENAFN)The capital market issued 6.8 quadrillion rials (USD161.9 billion) of financing in the last Iranian year, according to Iranian Minister of Finance and Economic Affairs Farhad Dejpasand.

    Dejpasand further stated that “The Economy Ministry plays a major role in formulating the country’s economic policy.”

    The official also declared that "This ministry should take measures to facilitate business and remove barriers so that investors can enter the market, and as a result, new job opportunities will be created.”

    The Iranian government was applying new strategies to cut reliance on oil and promote domestic production using internal capacities during the recent few years and especially since the re-imposition of the US sanctions.

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