$2.5b Allocated for Essential Imports

The Central Bank of Iran said it allocated close to $2.5 billion for importing of wheat, corn, barley, soybean meal, oilseeds, oil, rice, fertilizers, and other essential commodities since the beginning of the current fiscal year in late March.

"This was more than twice the amount allocated for the same goods during the corresponding period last year," the CBI said in a press release seen on its website.