Iran’s Economy not Oil-Reliant in Past Two Years

Iranian President’s Chief of Staff Mahmoud Vaezi reacted to the recent developments in the global market, saying Tehran has managed to manage its economy in the past two years without reliance on crude sales.

Amid the unprecedented drop of oil price, which has bewildered the whole world, it is noteworthy that Iran’s economy has practically been managed without oil sales in the past two years, Vaezi wrote on his Instagram on Wednesday, which falls on Iran’s National Day of Entrepreneurship.

Noting that the past two years, were the peak of US economic terrorism against the Iranian nation, he said, Our hero entrepreneurs have been at the forefront of the battle to propel the economy in the face of the sanctions.

Such a victory is definitely due to the selfless efforts of the country’s economic players and entrepreneurs; the government will always be grateful to them and will continue its strategy of supporting domestic production more than before, Vaezi added.

About Sheida Bahramirad

Check Also

Iran Accounts for 12% of OPEC Oil Revenues in 9 Months: IEA

The International Energy Agency (IEA) has put Iran’s oil income in the first nine months …

Leave a Reply

Your email address will not be published. Required fields are marked *