Pezeshkian: Iranian authorities won't resort to money printing to resolve economic crisis

Pezeshkian: Iranian authorities wonchr("39")t resort to money printing to resolve economic crisis

The Iranian government acknowledges the countrychr("39")s economic problems but will not fuel inflation by printing more money, Iranian President Masoud Pezeshkian said, Olaylar informs via IRNA.

He noted that monetary emission by the government would severely affect the countrychr("39")s lowest-income groups.

The Iranian president emphasized that the government is aware of its shortcomings and is ready to consult with experts to find a way out of the current situation.

"I value the advice of experts and want to hear your opinions so that we can work toward the countrychr("39")s development and progress," the president said.

According to him, responsibility for Iranchr("39")s current situation lies with many people, and therefore the existing problems must be addressed through joint efforts.

"We have all brought the country to this point together and we all share responsibility. It is wrong to believe that the blame lies with only one side," Pezeshkian stated.

The Iranian president also pointed to the countrychr("39")s limited financial capabilities, stressing the need to realistically assess the available options and development potential.

"We are ready, but we must recognize reality. First, we need to say what we are going to do. Finances are limited, and we lack resources. If we had them, we would not deny ourselves anything," he emphasized.