AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)
World

Raisi says economy, covid response 'does not befit' Iran

  • He delivered the remarks while chairing the first meeting of his cabinet which was approved by parliament on Wednesday
Published August 26, 2021

TEHRAN: Iran's President Ebrahim Raisi on Thursday vowed to improve the country's sanction-hit economy and its Covid response, saying that the current situation "does not befit" the Islamic republic.

He delivered the remarks while chairing the first meeting of his cabinet which was approved by parliament on Wednesday.

Lawmakers approved one-by-one 18 out of 19 candidates put forward by the ultra-conservative Raisi for the ministerial posts.

Iran’s parliament approves president’s cabinet choices

"The country's situation today does not befit the great nation of Iran and it must certainly change," Raisi said in a speech broadcast live on television.

He stressed that, The Islamic republic is "seriously lagging behind" in certain areas, Raisi said, adding that his government's priorities would be to curb a surge in coronavirus infections as well as to control inflation and "improve people's livelihoods".

In Iran where ultimate power rests with supreme leader Ayatollah Ali Khamenei, Raisi inherits a difficult socioeconomic situation.

The ultraconservative won a June 18 election marred by record low turnout and an absence of significant competitors.

Iran has been strangled financially by sanctions reimposed by Washington after then US president Donald Trump pulled out of a multilateral nuclear deal in 2018.

Its already severe economic crisis has been amplified by the Covid pandemic.

Iran is the country in the Middle East worst hit by the virus and is currently grappling with a fifth wave of infections -- the strongest yet -- with daily deaths and cases hitting record highs several times this month.

Fewer than 6.5 million of Iran's 83 million people have received a second vaccine dose, according to official figures.

Choked by US sanctions that have made it difficult to transfer money abroad, Iran says it has struggled to import vaccines.

Raisi vowed to increase vaccine imports and boost local production without offering details, saying efforts so far have been "necessary but not enough".

Authorities have approved the emergency use of two domestically developed vaccines, but the only mass-produced one, COVIran Barekat, is in short supply.

Comments

Comments are closed.