A Plan and Budget Organization official announces an emergency economic roadmap, ruling out Central Bank borrowing as domestic production neutralizes Washington’s blockade.
Iran Prepares 1406 Budget with Focus on Self-Sufficiency Amid U.S. Sanctions
Iran is preparing its 1406 budget based on a 'zero oil' scenario to mitigate the impact of U.S. sanctions, as announced by an official from the Plan and Budget Organization. This strategy aims to strengthen domestic production and avoid reliance on Central Bank borrowing. The move is significant as it reflects Iran's efforts to adapt its economy amid ongoing blockades.
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