The Iranian Central Bank proposes three ways to cover the budget deficit

by **claud39** Sat Jun 22, 2019 1:12 pm

[size=36]The Iranian Central Bank proposes three ways to cover the budget deficit[/size]

22/06/2019

The Iranian Central Bank proposes three ways to cover the budget deficit 132262019_65464984

BAGHDAD (Reuters) -
Iran's central bank governor Abdul-Nasser Humati al-Sabh has proposed three ways to cover the country's budget deficit.
He stressed the need to communicate with citizens and economic activists and transparency in planning and implementation and to take responsibility towards citizens as the main parts of the good management of modern central banks.
"He added that" in these difficult circumstances experienced by the country's economy and the temporary course I seek Because to make these things approach to the activities of the Central Bank. "
"The experience of improving the hard currency market and stabilizing the relative stability of the country's economy, which made planners to impose the maximum number of weaknesses felt as a result of this vision, is therefore natural to take this approach to how to cover the budget deficit and avoid measures that lead to a new shock to prices. A time period in which the impact of the currency shock is gradually emptied. "
"Accordingly, the government's and the state's decision to cover the budget deficit is based on three main methods: seeking to take advantage of the different routes to export more oil, issuing government bonds, obtaining from the sources of the National Development Fund," he said.

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