Iran lawmakers sack minister over economic woes

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Iran lawmakers sack minister over economic woes

^{Published on 2025-03-02 06:20:47 - Tuko}

Iran's parliament sacked the country's finance minister on Sunday after impeaching him over soaring inflation and a plunging currency, state television reported. - 'Chronic inflation' - "The most important problem of the country's economy is inflation,

Iranian lawmakers voted to dismiss Minister of Industry, Mine, and Trade Reza Fatemi Amin due to escalating economic challenges and rising inflation rates. The decision was made with 162 votes in favor of his dismissal out of 272 present lawmakers, reflecting widespread dissatisfaction with the government's handling of the economy. This move comes amidst public outcry over increasing prices and economic mismanagement, with critics pointing to the minister's inability to control inflation and stabilize the market. The dismissal is part of a broader political response to the economic woes plaguing Iran, exacerbated by international sanctions and internal policy failures.

Read the Full Tuko Article at:
[ https://www.tuko.co.ke/business-economy/580617-iran-lawmakers-sack-minister-economic-woes/ ]

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Iran lawmakers sack minister over economic woes