Tehran, Iran, Oct.13
Trend:
The [Iran] Supreme Leader emphasized on the adoption of serious and operational measures and decisions to address five key economic issues.
Of the five cases, three of them including the problems of the banking system, liquidity and inflation, are within the direct responsibility of the central bank, Iran central bank`s governor, Abdol Nasser Hemmati said in a statement posted on Instagram on Saturday.
“Adding the issue of currency also highlights the importance of the central bank's responsibility and the importance of its actions and plans for implementing the leadership's mandate. Accompanying the honorable members of the administration in advancing central bank policies and supporting the two other powers (Executive branch and judiciary) is a fundamental condition for overcoming the difficulties,” he said.
“We have specific programs to control and direct liquidity, slow down the rise of inflation and subsequently its gradual decline, prioritize the interconnected problems of the banking system and obtain the necessary licenses for its gradual reform, and transform the banking system into a motor drive for employment and production, and especially the organization of the foreign exchange market and to move In the direction of the equilibrium exchange rate, in accordance with the economic conditions of the country,” he said.
CBI`s specific programs will be carried out in consultation with the economic, banking and currency experts and with the accompaniment of the managers and experts of the central bank and the banking system, he said in a statement posted on Instagram