Azerbaijan, Baku, Feb. 21/ Trend M. Moezzi /
Iran's ministers of economy and commerce and the head of its central bank should resign because of Iran's current economic situation, Ahmad Tavakoli, the head of the Iranian parliament's research center, said.
The government's weak management and late reaction to the surge in the dollar's value compared to the rial, and the rush toward the gold market are responsible for the crisis in those markets, Mr. Tavakoli said.
The worries about Iran's economy and the effects of sanctions recently imposed by the U.S and its allies have driven Iranians toward the foreign currency and gold coin markets, pushing their prices to all time highs.
The Iranian Central Bank announced in late January that the dollar would be sold at a single rate, 12,260 rials to help calm the market. That move has not succeeded in bringing down the currency's price.
Mismanagement of Iran's targeted subsidies program is also hurting Iran, MP said. The government's announcement that energy prices would go up and cash payments to the public will increase, contradicts the plans to increase prices every two years.
The Iranian government pays each citizen $45 a month as compensation for eliminating commodities and energy subsidies.