Iranian authorities maintain that the country’s economy can withstand new U.S. sanctions, with Economy Minister Ali Madanizadeh outlining a two-year plan for resilience. Despite halted oil exports and rising inflation, officials claim there is adequate foreign currency for essential goods, while emphasizing domestic production and self-sufficiency. Agriculture Minister Gholam-Reza Nouri aims for 90 percent food self-sufficiency despite ongoing import reliance, as food prices have surged significantly over the past year.
Want More Context? 🔎