Iran shifts national economy from dependence on oil

Iran shifts national economy from dependence on oil
# 16 June 2020 14:00 (UTC +04:00)

Iran has shifted national economy from dependence on oil over the past two years due to the conditions created in the country, an official with Central Bank of Iran (CBI) says, APA reports citing IRNA.

Gholamreza Panahi, CBI Vice Governor for Foreign Exchange Affairs, made the remarks at a specialized economic meeting in Tehran on Monday evening.

To provide forex, the country was affected by the coronavirus pandemic from three months ago, Panahi said at the meeting held at the Economy of Resistance headquarters.

However, the production units and industrial sectors enjoy support from the Government, he added.

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