Financial Tribune - The Central Bank of Iran has obliged importers who use subsidized currency to sell their goods via a transparent distribution network, according to a CBI official.
�Commitment of importers regarding the foreign currency they use for importing essential goods is fulfilled only if and when they supply the goods via a verifiable network designated by the government,� the official told Mehr News Agency on the condition of anonymity.
The government has again intensified supervision over subsidized imports using CBI currency, he said, referring to President Hassan Rouhani�s recent call on the Cabinet to be more alert and responsible toward forex allocation and the cumbersome distribution process of essential goods, namely foodstuff.