Tehran (IP) - Iran's Minister of Finance said the lower liquidity growth rate this year suggests stability in the Islamic country's macro economy.

Iran PressIran news: At his weekly press conference on Tuesday morning, the Iranian Minister of Economy, Ehsan Khandouzi, said: "The growth of liquidity this year is much lower than the previous years, which indicates stability in the macro economy."

Referring to the decrease in the inflation rate in Iran, Khandouzi said: "The reports of the International Monetary Fund and other international organizations indicate that we will have a decrease in inflation in the next year."

He also said about employment: "According to the report of the Statistics Center, 700 thousand new jobs were created this fall compared to last year, and the unemployment rate reached the lowest figure in the last four decades, i.e. 6.7%, which is 0.6% lower compared to the fall of last year."

"705,000 new jobs were created this fall compared to last year's fall, which is a three-fold increase in job creation compared to the previous year," added Khandouzi.

The unemployment rate of university graduates has also decreased in the new year, but it has not yet reached the desired point and is unsatisfactory.

Avoidance of fluctuations in currency market

He also expressed hope that Iran would not face the fluctuations of the currency market in the future.

Regarding investment in Iran, Iran's top economic official said: "The National Development Fund has a significant place in the discussion of investment."

Iran's Minister of Economy and Finance, Seyyed Ehsan Khandouzi, in response to a question raised by the Iran Press reporter, said: "In the next year's budget bill, the budget allocation is oriented toward productivity."

He added: "In domestic and foreign investments, the Ministry of Economy is obliged to achieve economic growth of 8%, part of which must be provided from productivity, although the National Development Fund has many provisions in the 7th plan."

Khandozi emphasized that the investment plan must be compiled in the first year of the implementation of the 7th plan.

Also, 31 investment plans have been proposed by the foreign investment board, and if approved, this number will be added to more than one billion dollars of new investment that has been put on the agenda since the beginning of the government.

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