Iran lawmakers sack minister over economic woes

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Iran lawmakers sack minister over economic woes

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Iran lawmakers sack minister over economic woes

//business-finance.news-articles.net/content/202 .. -lawmakers-sack-minister-over-economic-woes.html

Published in Business and Finance on Sunday, March 2nd 2025 at 6:20 GMT by Tuko
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

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,

2025-03-02 196 x 110 / 5108 Bytes

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.

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