VOL. XXXII

NO. 4

30-OCTOBER-1989

Financial and Banking News

Budgets and Revenues

Rafsanjani Invokes Some Rightist Economics

Iranian President Hashemi Rafsanjani has invoked some of the icons ofrightist economic theory in his attempt to breathe life into an economy recentlydescribed by the head of the Budget and Planning Committee of the Iranian Majlis(parliament) as "sick, dependent and bankrupt" (MEES, 28 August).Since taking office in August, the Rafsanjani administration has been involvedin a...