Iranian government spokesman elaborated the details of various scenarios to foil the US' sanctions.

Following the US government decision to impose sanctions on Iran, the government prepared 12 packages of proposals to reduce the effects of sanctions, the Head of Plan and Budget Organization Mohammad-Bagher Nobakht said on Saturday.

The effects of sanctions on Iran's oil revenues were studied and the ways to manage the budget this year and in the coming years was also surveyed, the vice president added.

He noted that this package of proposal determines the financial sources for various sections including employment, production, transportation, industry, agriculture and industry.

The US President Donald Trump mounted pressure on Iran and on May 8 announced that Washington would withdraw from Iran's nuclear deal and re-impose nuclear-related sanctions on the country.

This is while most world powers, including Russia, China, and the European Union, have repeatedly stressed that keeping the deal is in the interest of the world peace and security.
 

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