Middle East Economic Survey


No 33



CBI Says Participation Bonds Essential To Check Liquidity Growth

A Deputy Governor of the Central Bank of Iran (CBI) Alireza Shirani has said that the bank insists on the need to issue participation bonds as part of its measures to check the growth of liquidity. He stressed that it was the banks responsibility to lower the growth of liquidity in order to check inflation, and warned that the decision by parliament to block the...