TEHRAN (Tasnim) – Deputy Managing Director of the International Monetary Fund (IMF) Naoyuki Shinohara praised Iran for its eye-catching economic progress, expressing the confidence that greater achievements are also within reach in light of planning.
He also hailed as “exemplary” the Islamic Republic’s success to reduce the inflation rate and to promote the economic growth.
“The Iranian administration will surely be able to attain greater achievements through the planned process,” Shinohara said in the meeting, held on the sidelines of the annual meeting of the IMF and the World Bank.
He also made clear that reaching the economic goals would require “coordination” among the whole sections of the government, stressing that details of the executive plans should be implemented step by step.
The Iranian official, for his part, elaborated on the country’s economic situation and the plans adopted to control inflation, stabilize the exchange rates, and implement the second phase of the subsidy reform plan.
An Iranian economic delegation, headed by Economic Affairs and Finance Minister Ali Tayyebnia, has travelled to Washington to take part in the Annual Meetings of the World Bank Group and the International Monetary Fund.
Each year, the gathering brings together central bankers, ministers of finance and development, private sector executives, and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development, and aid effectiveness.
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