The head of the Planning and Budget Organization says allocating foreign currency for car imports is not cost-effective.
Davood Manzoor, the head of the Planning and Budget Organization, stated that allocating the country’s foreign currency for car imports is not cost-effective.
He mentioned that assuming in the year 1403 (2024/2025), about two to three billion dollars worth of car imports are made, we know it is not in the country’s best interest to allocate foreign currency resources for car imports while we have the capacity to produce 15 million cars domestically.
The head of the Planning and Budget Organization also added that we have allocated the equivalent of 15 billion dollars or 136 billion euros to supply 10 essential goods for the people at a supportive rate.