Rouhani says Iran budget set to resist US sanctions by curbing oil dependence

President Hassan Rouhani speaks in a meeting in Tehran, Iran, Wednesday, Dec. 4, 2019. (AP)
Updated 08 December 2019

Rouhani says Iran budget set to resist US sanctions by curbing oil dependence

  • Rouhani said the draft state budget was designed to resist US sanctions

TEHRAN: Iran’s President Hassan Rouhani on Sunday presented to parliament what he called a “budget of resistance” against crippling sanctions imposed by arch-enemy the United States.

“Next year, similar to the current year, our budget is a budget of resistance and perseverance against sanctions,” Rouhani told parliament in remarks broadcast on state radio.

“This budget announces to the world that despite sanctions we will manage the country, especially in terms of oil,” he added.

The budget for the financial year starting late March 2020 comes after fuel price hikes that were imposed in mid-November triggered deadly demonstrations across the Islamic republic.

In his speech, Rouhani announced a 15 percent increase for public sector wages in a country whose economy has been battered by US sanctions.

US President Donald Trump began imposing punitive measures in May 2018, after unilaterally withdrawing from an accord that gave Iran relief from sanctions in return for limits on its nuclear program.

The International Monetary Fund has forecast that Iran’s economy will contract by 9.5 percent this year.


Saudi-led military committee moves heavy weapons outside Aden

Updated 25 min 58 sec ago

Saudi-led military committee moves heavy weapons outside Aden

  • The internationally recognized government and the separatist Southern Transitional Council are obliged to hand over their heavy weapons

AL-MUKALLA, Yemen: A military committee led by Saudi officers in Yemen has transported heavy weapons from bases in the southern port city of Aden, a committee member told Arab News on Friday. 

“We’ve moved tanks, cannons and ammunition from Aden military bases to a military outpost in Ras Abbas, on the outskirts of Aden,” said the member on condition of anonymity because he was not authorized to speak to the press.

Under the Riyadh Agreement, the internationally recognized government and the separatist Southern Transitional Council are obliged to hand over their heavy weapons to the Saudi-led military committee, which is tasked with collecting them at a location outside Aden before dispatching them to battlefields. 

The committee is also charged with making other security and military arrangements, including the withdrawal of forces from the southern provinces of Shabwa and Abyan. 

The Riyadh Agreement, signed in the Saudi capital in November, was designed to defuse tensions between both sides following bloody clashes last year in Aden, Shabwa and Abyan. 

Residents in Aden reported seeing columns of lorries carrying tanks leaving military bases and heading to the city’s outskirts.

Despite failing to meet some deadlines included in the Riyadh Agreement, many of its terms have been implemented.

These include the return of the prime minister, the partial withdrawal of forces, an exchange of prisoners and the process of disarmament.

Following the relocation of military units, Yemen’s President Abed Rabbo Mansour Hadi is expected to appoint a new governor for Aden before forming a new government.

FASTFACT

Under the Riyadh Agreement, the internationally recognized government and the separatist Southern Transitional Council are obliged to hand over their heavy weapons to the Saudi-led military committee.

On the battlefield, heavy fighting continued on Friday in the Nehim district just outside Houthi-held Sanaa as government forces, backed by Saudi-led warplanes, pushed forward to pave the way for the liberation of the capital. Dozens have been killed since Wednesday as both sides claimed gains on the ground.

In Marib, senior army commanders on Friday said the army would keep pressing its offensive until the Houthis are expelled from Sanaa. 

At a meeting attended by the Saudi-led coalition commander in Marib, Maj. Gen. Abdul Hamed Al-Muzaini, Defense Minister Lt. Gen. Mohammed Ali Al-Maqdashi said the Yemeni Army is determined to push the Houthis out of Sanaa and other areas under their control, and to work on restoring state institutions. 

The commanders discussed military plans and the recent escalation of fighting in Nehim, Jouf and Marib.

The conflict in Yemen began in late 2014 when the Houthis seized Sanaa and began expanding across the country.

A military coalition led by Saudi Arabia has helped government forces advance on all fronts, pushing the Houthis to mountainous provinces in northern Yemen.

 

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