Iran’s President Hassan Rouhani compared the current state of Iran’s economy with “the man released from prison who had removed the chains” speaking about lifting sanctions against Tehran. But “he’s still on his feet weights”. This was stated by Iran’s President at the conference with domestic entrepreneurs on January 19.
“Iran has its own investment potential worth $50 billion that it can invest in the development of its own productions, without having to resort to foreign investments”, Rouhani highlighted. As for the five-year development plan, “we have to increase production by 15% in industries not related to the oil and gas sector,” he noted.
The President thinks that one of the major problems in the economy is a weakened and unwieldy banking system. According to Rouhani, “the Iranian economy as a mechanism needs good lubricant” in the form of an efficient financial sector.
