The Central Bank of Iran (CBI) will allocate 10 trillion rials ($372 million at the offical exchange rate) by the yearend for plans to get new employment policies implemented, Hassan Taie, the deputy minister of cooperatives, labor, and social welfare said, as reported by ISNA on Tuesday. Taie explained that the government’s latest policy is to provide jobs for around 4.5 million young and educated jobseekers in neighboring countries. The unemployment rate in Iran currently stands at about 10 percent.
