Central Bank Governor Mohammad Reza Farzin announced new programmes to support national production and address Iran's fundamental economic challenges, particularly energy imbalance, ahead of the bank's 65th anniversary, Ana News Agency reported on August 5.

Farzin said the Central Bank's main strategy involves targeted financing of production projects and encouraging public participation in foreign currency and rial investments in national projects.

In a message marking the upcoming 65th anniversary of the Central Bank on August 9, Farzin praised banking network efforts and outlined the institution's economic governance structure in monetary and banking sectors.

He said the bank's actions during what he described as a "12-day imposed war by (Zionist regime) Israel and the US against our country," including supporting the country's cash and electronic payment networks and government financing aimed at financial stability.

Farzin said the bank maintained foreign currency financing for external trade needs in cooperation with other executive agencies, ensuring the flow of exports and imports of essential goods remained uninterrupted.

Following this period, the Central Bank implemented direct and indirect capital market support schemes through support packages and deepened the interbank market in monetary policy implementation, pursuing its mission of supporting economic growth and employment.

The governor referenced the current year's designation as "Investment for Production" by Iran's Supreme Leader, stating the Central Bank's programme would employ new scientific methods based on expert capabilities and human resources.

The bank aims to address energy imbalance as one of the serious bottlenecks for the country's productive sectors through foreign currency and rial financing packages for renewable energy development in cooperation with related agencies.