Tehran, YJC. Pourmohammadi has said that the Central Bank of Iran has turned into an executive tool in the hand of the government.
Speaking in the Sharif University of Technology, Hojjatoleslam
Mostafa Pourmohammadi said "The Central Bank has its own rules in its monetary
and financial administrations. But regrettably, today the Central Bank has lost
its identity to turn into an executive office for the government. Today disastrous
things have befallen the country for the Central Bank’s lack or independence. In
other words, there is no independent management over money and finance.”
"Therefore, today in the world, in order that the
governments do not impose their needs on countries, central banks are moving
towards independence. This must happen in our country as well,” he asserted.