One Billion Euros Allocated for Importing Essential Goods Disappears in Iran

(Radio Farda) Mahmoud Vaezi, President Hassan Rouhani's chief of staff, charged that one billion euros ($1.12 billion) in hard currency allocated for importing medicines and essential goods "has disappeared." The government provides dollars at a rate three times cheaper to approved importers of essential goods, but there are cases where those receiving cheap foreign currency never import what they have agreed to, or once the goods arrive, sell them at much higher prices.


2019-07-23 00:00:00

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