Iran`s Economy Improving despite US Sanctions

The reports and data released by the country`s official organizations show that despite the US harsh sanctions and. as they say. the economic war that they have waged against the Iranian nation. the country`s economic conditions are moving towards improvement. Jahangiri said. addressing a ceremony in Tehran.

He added that the Americans imagined that Iran`s economy will collapse under sanctions and pressures and people will resort to violent acts against the government but fortunately. we could live through the hard times thanks to the people`s resistance and the managers` follow ups.

Jahangiri said data shows that Iran`s economy is moving towards positive growth with good capability to create jobs.

In relevant remarks last Wednesday. Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that the US attempts to bring the country`s economy into collapse had all failed and the value of the national currency increased 40%.

The US and its regional allies had launched a full-scale economic. psychological and propaganda war against Iran with the aim of bringing the country into collapse via economy (last year). Hemmati wrote on his Instagram page.

He underlined efforts by Supreme Leader. the president and other officials as well as Iranian people`s resistance to thwart the enemies` plots. and said. `We could confront one of the most complicated and most unprecedented sanctions and monetary restrictions and return stability and tranquility to the foreign currency market and other markets.

Today. compared with the last year. the national currency has strengthened 40%. the growth of inflation has been controlled and the dawn of economic growth can be observed clearly. Hemmati said.

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