The Iranian Minister of Economy abolished in the midst of growing inflation, the fall of the currency | Business and economy news
Hemmati was removed from his duties after 182 of 273 MPs voted against him.
The Iranian Minister of Economics abolished after Parliament voted for rejection from duty in the midst of growing inflation and falling currencies.
Abdolnaser Hemmati was removed from his duties after 182 of 273 MPs voted against him on Sunday, announced on Sunday, Mohammad Bagher Ghalibaf, President of Parliament, just six months after the Government of Masoud Pezeshkiana took over his position.
In 2015, the Iranian Rial was worth 32,000 dollars of the United States, but when Pezeshkian took over the duty in July, that He fell to $ 584,000 to dollars.
He recently fell even more, with exchange stores in Tehran, trading 930,000 riala for dollar. Riala’s devaluation led to a wide public dissatisfaction with the growing cost of living and increased inflation.
President Pezeshkian, who was present during the session on Sunday, defended Hemmati, a former Governor of the Central Bank, said to the legislators that we were “full as a whole [economic] War with the enemy … We have to deal with war. “
“The economic problems of today’s society are not related to one person and we cannot blame all this for one person,” he added.
During the imperial procedure, Mohammad Qasim Osmani, a representative supporting Hemmati, claimed that growing inflation and courses were not the fault of the current government or parliament.
He pointed to the budget deficit left by the previous administration, which he said had contributed to economic instability.
Hemmati has acknowledged the heavy economic climate during his five months in power, including a 10 -long reduction in inflation.
However, he admitted that the inflation was high and was 35 percent. He told the legislators that his team was working hard to solve the problem, but warned that the process would take time.
The hemmatia voting is also celebrated for the first time when conservative MPs moved against the centrist Pezeshkiana, wanting to challenge and influence his government’s policy.
The decades of sanctions under the leadership of the United States have abolished the Iranian economy, and the double-digit inflation has caused an increase in consumer prices since Washington pulled out of a famous Nuclear Agreement from 2018.
US President Donald Trump, who returned to the White House in January, revived his policy “Maximum pressure” To Iran, the additional lining of the land limit.
