Apadana Freedom Foundation

Iran Should Gear Up for Inflow of Released Financial Resources: President

Iranian President Hassan Rouhani directed the Central Bank to get ready for the imminent release of the country’s currency resources frozen abroad.

Speaking at a Tuesday meeting of the Administration’s Economic Coordination Headquarters, Rouhani said it is necessary to prepare for the inflow of the Iranian released currency resources for financial transactions.

The Central Bank of Iran and other organizations must make plans to handle the provision of the basic commodities and raw material for domestic production and adapt international banking interaction for the country’s economic boom, he added.

In the meeting, the Central Bank gave a report of the arrangements made for the employment of the currency resources that would be unfrozen after the removal of sanctions considering that the negotiations on the revival of the Joint Comprehensive Plan of Action are entering the final stage.

In comments on Monday, Rouhani said the upcoming removal of the sanctions on Iran will result in the flow of foreign investment into the country.

“The sanctions will be soon lifted and foreign investment will flow into Iran,” he added.

The president also noted that the free trade zones of Iran have developed so much that they have been transformed from importers and consumers to exporters and producers.

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