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President: Inflation rate to drop to less than 20 pc

30 Aug 2014 - 16:53


Tehran, Aug 30, IRNA – President Hassan Rouhani said on Saturday that inflation rate in Iran will reach less than 20 percent by end of the current Iranian calendar year of 1393 (to end on March 20, 2015).
Addressing a press conference with domestic and foreign reporters on the last day of the Government Week (August 23-29) and in the second year of the tenure of the Government of Hope and Prudence, President Rouhani said, ?We will continue to lower inflation rate in the coming years and the government?s policy is based on pegging inflation rate at one-digit level by 1395 (2016-17).?
By IRNA

 

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Story Code: 114142

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