Article

2025-03-03 Syria-Lebanon-Iran

Iran lawmakers sack finance minister over economic woes

[GEO.TV] Iran's parliament sacked the country's finance minister on Sunday after impeaching him over soaring inflation and a plunging currency, state television
... and if you can't believe state television who can you believe?
reported.

Economy and Finance Minister Abdolnaser Hemmati lost a vote of confidence, with 182 of 273 parliamentarians present backing his removal.

On the black market on Sunday, the Iranian rial was trading at more than 920,000 to the US dollar, compared with less than 600,000 in mid-2024.

Earlier, President Masoud Pezeshkian defended Hemmati, a former central bank governor, telling politicians: "We are in a full-scale (economic) war with the enemy... we must take a war formation".

"The economic problems of today's society are not related to one person and we cannot blame it all on one person."

Lawmakers took turns angrily censuring Hemmati, blaming him for Iran's economic woes.

"People cannot tolerate the new wave of inflation; the rise in the price of foreign currency and other goods must be controlled," said one parliamentarian, Ruhollah Motefakker-Azad.

"People cannot afford to buy medicine and medical equipment," said another, Fatemeh Mohammadbeigi.

Posted by Fred 2025-03-03 00:00|| || Front Page|| [11193 views ] Top
File under: Govt of Iran

#1 Maybe, if you haven't spent so much money on Hamas, Hezbollah, Asad ...

Posted by Grom the Affective 2025-03-03 11:27|| 2025-03-03 11:27|| Front Page Top

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