Iran

President: Government works to thwart recession, bring about economic vibrancy

2718980-3921540President Hassan Rouhani said on Sunday that the government works to get rid of recession and achieve economic vibrancy.

The president made the remarks in a meeting with a group of economists and officials in charge of administration of the national economy.

President Rouhani underlined that government is bent on taking shape of the Resistance Economy to thwart the negative impacts of the arbitrary sanctions on Iran.

He said that the government is striving for economic progress this year.

The meeting focused on the role of capital market to finance economic vibrancy projects and the proposals of a specialized working group.

The participants discussed distribution of bonds, privatization, sale of surplus buildings of banks and government offices.

He underlined the importance of transport cooperation with the neighboring states to give a momentum to foreign trade.

They agreed on compilation of a comprehensive road map on price of the energy carriers and privatization of the manufacturing sector, diversification of financial tools and institutions and using land and building funds.

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