| 30 May 2024, Thursday |

Iran’s Khamenei hopes for economic upturn in Persian new year speech

During a speech commemorating Nowruz, the Persian New Year, Iran’s supreme leader, Ayatollah Ali Khamenei, voiced optimism for the country’s economy.

Iran’s economy has suffered as a result of the US’s reimposition of sanctions in 2018 after it unilaterally exited the 2015 nuclear deal with foreign powers.

During his televised speech, Khamenei remarked, “These economic difficulties are curable, and we expect that some of them will go this year.”

He stated that the issues “will not all go away at once, but will fade away with time.”

Last year’s most difficult challenges, according to Khamenei, were caused by “increasing prices and inflation.”

Iran has been in direct talks with Britain, China, France, Germany, and Russia in Vienna to resurrect the 2015 nuclear deal. Indirectly, the United States has been involved.

Several performers have recently stated that an agreement is close to being reached.

“One of the most significant happy events of the past year was the admission by the Americans themselves that their maximum pressure approach against Iran has resulted in a humiliating defeat,” Khamenei stated on Sunday.

Former US President Donald Trump coined the phrase “maximum pressure campaign” to describe his administration’s Iran policy, which included harsh sanctions.

The Iranian New Year, which begins on Monday, will be focused on production and employment development, according to Khamenei.

“National production is the only way to overcome the country’s economic troubles and challenges,” he stated.

  • AFP