Parliament speaker urges revision on forex allocation policies
The Iranian Parliament speaker called on Tuesday for a revision of the country’s forex allocation policies, urging the legislature’s Economy and Industries and Mines Commissions to work with government officials on the issue.
Iran’s Seventh Development Plan calls for a 23% growth of non-oil exports, said Mohammad-Baqer Qalibaf in an open session of the Parliament on Tuesday, adding that for this goal to be achieved, the country’s officials must balance the supply and demand of foreign exchange as per the plan, IRNA reported.
Moreover, Iran’s Economy minister said on Monday evening that the gap between the subsidized and non-subsidized forex rates is not acceptable, calling for the minimization of the gap.
Speaking on the sidelines of the first meeting of the Iranian cabinet and the private sector, Abdolnaser Hemmati added that exporters play an important role in the country’s economy and called for removing any hindrance that may be impeding their activities.
“In the field of taxation, we have paid attention to the support of producers and exporters, and we are moving forward in this direction to remove obstacles,” the minister noted.