29 Mar 2024
Tuesday 12 May 2015 - 16:59
Story Code : 164487

Jahangiri says inflation will drop to single digit

Tehran, May 12, IRNA - First Vice President Is'haq Jahangiri said on Tuesday that the government has made good achievement by bringing the inflation down and that inflation will drop to single digit.

Control of inflation and bringing stability to financial markets was a big achievement for government because it prevented people's money to be invested in harmful ways like buying gold coins and foreign currencies, he added.

Jahangiri said that government brought down the inflation from 40 percent to about 15 percent and this helped revival of national economy in both private and governmental sector.

The Government does not interfere in market and the prices of goods and services, but, it encourages the trade unions to prevent macro-economic impacts of inflation whenever deemed necessary, he added.

By IRNA
https://theiranproject.com/vdcjoxevauqemxz.92fu.html
Your Name
Your Email Address