TEHRAN – The Supreme Council for Economic Coordination has assigned different duties to governmental bodies to fight the looming U.S. sanctions and stabilize the economy, according to a report by Mehr news agency.

The council, which was established upon an order Leader of the Islamic Revolution Ayatollah Ali Khamenei, has so far held four meetings, bringing together heads of the three branches of government to “confront the economic wickedness of America.”

Back in April, Ayatollah Khamenei said the U.S. Treasury Department has turned into an “economic war room” against Iran.

He said the economic war can be countered through reliance on domestic capabilities, calling on authorities to form a council to confront Washington’s “ill will”.

During the first meeting of the council, the Leader voiced support for the government in its efforts to revive the economy. 

The council is headed by President Rouhani. It enables Rouhani’s administration to receive the support of the judicial and legislative branches of the government.

MH/