WANA (Sep 06) \u2013 Iran\u2019s Minister of Economic Affairs and Finance, Seyed Ali Madanizadeh, has stressed that responsibility for reforming the country\u2019s economy rests with the Iranian government and people, not Washington, in response to recent remarks by the US Treasury secretary on tightening sanctions and increasing economic pressure on Iran.<\/p>\n
\u00a0<\/p>\n
Madanizadeh said Iran\u2019s response to US economic pressure would be a combination of \u201ceconomic resistance and reform,\u201d emphasizing that there is a significant difference between bearing economic costs and surrendering economically. He said the Iranian people have paid a heavy price in recent years but would not surrender to external pressure.<\/p>\n
\u00a0<\/p>\n
The Iranian economy minister described the country\u2019s economy as a broad network of people, businesses, entrepreneurs, producers, exporters, traders, farmers and other economic actors. He said they had found new ways to maintain production, trade and financing even under the most difficult sanctions conditions.<\/p>\n
\u00a0<\/p>\n
Madanizadeh said that, rather than focusing on economic pressure and weakening Iran\u2019s economy, the government is pursuing structural economic reforms, higher productivity, expanded trade and production, greater investment and stronger economic ties with regional countries and other trading partners.<\/p>\n
\u00a0<\/p>\n
He identified diversifying trading partners, expanding regional trade, strengthening the private sector, reducing dependence on oil revenues, increasing non-oil exports, reforming the banking system and controlling inflation\u00a0as key elements of the government\u2019s economic strategy.<\/p>\n
\u00a0<\/p>\n
\u201cWe run Iran\u2019s economy for the livelihood of the Iranian people, not for Washington\u2019s satisfaction,\u201d Madanizadeh said, adding that Iran\u2019s economic future would be determined by its own people based on their interests and plans.<\/p>\n","protected":false},"excerpt":{"rendered":"WANA (Sep 06) \u2013 Iran\u2019s Minister of Economic Affairs and Finance, Seyed Ali Madanizadeh, has stressed that responsibility…\n","protected":false},"author":2,"featured_media":838342,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[23,355031,801,3,3665,21,19,22,20,25,24],"class_list":["post-838341","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-states","tag-america","tag-economic-war","tag-iran","tag-news","tag-the-united-states","tag-united-states","tag-united-states-of-america","tag-unitedstates","tag-unitedstatesofamerica","tag-us","tag-usa"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/838341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=838341"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/838341\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/838342"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=838341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=838341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=838341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}