News ID: 318462
Published: 0328 GMT December 04, 2021

Pandemic, inflation curbed in Raeisi administration’s first 100 days: Report

Pandemic, inflation curbed in Raeisi administration’s first 100 days: Report
president.ir

National Desk

The incumbent Iranian administration’s performance in the first 100 days of its term in office indicates significant achievements, particularly, in the health and economic sectors.

Since taking office in August, President Seyyed Ebrahim Raeisi’s administration has managed to fulfill its election campaign pledges as shown by an assessment of its 100-day performance, according to IRNA.

Raeisi entered the presidential race with clear and precise promises and kept insisting upon honoring them after winning the June election.

Accelerated and widespread public vaccination against COVID-19 was among the pledges, which was initially described by many as impossible or very hard to fulfill.

In addition to that, Raeisi vowed to restore calm to the domestic market and prevent further price hikes, which, again, was seen by many as a big promise requiring more than 100 days to fulfill.

During the very first days of the administration’s tenure, the Iranian society witnessed signs of improvement in the COVID situation, as the greater momentum of the public vaccination, on the back of imports and domestic production, helped significantly reduce the number of infections and deaths.

The government imported 100 million doses of COVID jabs in less than three months and kept administering them round-the-clock, which have helped reduce daily deaths from record highs of over 700 to below 100.

Even the president personally engaged in efforts to facilitate vaccine imports.

The move, the results of which were lower deaths and infections and thus a safer environment, helped prepare the ground for the resumption of activities by those businesses that had been shut down for months due to the pandemic, and, therefore, led to an improvement in the livelihood of an important part of the society.

This comes as the burden to curb the pandemic was not shouldered solely by the health sector, as other apparatuses, such as the Foreign Ministry and Ministry of Economic Affairs and Finance, were actively involved in efforts to fulfill the administration’s most basic promise, paving the way for honoring other pledges.

In addition, during March-August, the domestic market was in turmoil and people’s livelihoods adversely impacted. The balance between supply and demand was completely disrupted during the period, which had sent prices soaring.  

The country was suffering from a shortage of essential goods and products, such as wheat, that could have sparked off a crisis in the country. The Raeisi administration, however, took the required measures and set up a special task force to secure foreign currency resources for importing the essential goods.

The government also placed on agenda reducing tensions in the domestic market for red and white meat, eggs and other basic goods, allocated sufficient foreign currency resources for imports and regulated the distribution network, thus preventing an unrestrained rise in prices.

As a result of such measures, the country’s inflation, which had reached 44.5 percent in August, dropped to 38.4 percent in October and November. The figure is expected to witness further declines in view of the determined continuation of the government’s effective measures.

The Raeisi administration’s fulfillment of its initial promises in such a short period of time has rekindled people’s hope of seeing improvements in, inter alia, the economic indices and their livelihoods.

 

   
KeyWords
 
Resource: IRNA
Comments
Comment
Name:
Email:
Comment:
Security Key:
Captcha refresh
Page Generated in 0/0578 sec