Tag Archives | budget deficit

Why Iranian Govt’s Debt Problem isn’t going away

By Alireza Ramezani for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. The administration of Iran’s President Hassan Rouhani made three decisions on Jan. 30 that officials say will financially shore up commercial banks until the end of the Iranian fiscal year on March 20. However, the […]

Is Rouhani Repeating Ahmadinejad’s Tricks in Currency Market?

By Alireza Ramezani for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Ever since the rial hit an all-time low against the greenback on Dec. 27, top monetary policymaker Valiollah Seif (pictured) has been reiterating that the Central Bank of Iran (CBI) will use every tool available […]