Middle East Economic Survey


No 26



CBI Revives Money And Credit Council

The Central Bank of Iran (CBI) has decided to revive the role of the Money and Credit Council, some time after President Mahmoud Ahmadinejad sidelined the key policy making body. The decision was taken jointly by the CBI and the president. The CBI announced that the council would hold its first meeting on 7 July to consider developments on last years money and credit policies. Mr Ahmadinejads decision to...