Head of the Organization for Budget and Planning: Allocating currency for car imports is not cost-effective

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The head of the Organization for Economic and Budgetary Planning stated that allocating foreign currency for importing cars is not cost-effective.

Davood Minoor, the head of the Organization for Economic and Budgetary Planning, mentioned that allocating the country’s foreign currencies for importing cars is not cost-effective.

He stated that let’s assume that around two to three billion dollars of car imports are made in the year 1403, we know it is not in the country’s best interest to allocate the country’s foreign exchange resources to car imports while we have the capacity to produce 15 million cars domestically.

The head of the Organization for Economic and Budgetary Planning 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 supported rate.

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