The Central Bank of Iran
(CBI) announced today that the country’s inflation rate for the 12-month period
ending on the last day of Aban (22 November 2013) hit 40 percent.
CBI Governor Valiollah
Seif told reporters in Tehran that he will focus on curbing the runaway liquidity
growth to bring down inflation. Rouhani administration has pledged to reduce
the inflation rate to below 25% by 2015.
2 comments:
Reduce how? Djavad thinks the president should make the upper and middle classes shoulder higher cost in goods that are now and have been universally subsidized. Hard advice to give for the president to administer on his socio-economic base of political support.
By not beinga bunch of terrorist scum thieves.
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