Economy Minister Raps Continued “Inhumane” Sanctions on Iran
- October, 11, 2014 - 10:27
- Economy news
TEHRAN (Tasnim) - Iran's economy minister lambasted the continued sanctions imposed on the Iranian nation, but as the same time said the country's administration has devised its plans for economic development given the existing pressures and restrictions.
“The existing cruel and unjustifiable (anti-Iran) sanctions, which have indeed targeted the Iranian nation, have not been annulled yet,” Ali Tayyebnia said in a session during the annual meeting of the International Monetary Fund (IMF) and the World Bank, held in Washington, the US.
He also censured the political attitudes adopted by the international financial bodies, such as the World Bank, toward the nations.
Briefing IMF and World Bank officials and economist on Iranian government’s economic plans, the Iranian minister said the administration has formulated its economic programs given the existing conditions.
Over the past year, the administration has succeeded to curb the inflation, and at the same time, a state of stability now prevails in the country’s financial and monetary markets, he explained.
All of those achievements came while the existing sanctions against the Islamic Republic of Iran have not been still removed, Tayyebnia noted.
The Annual Meetings of the World Bank Group and the International Monetary Fund each year bring together central bankers, ministers of finance and development, private sector executives, and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development, and aid effectiveness.