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Iran lawmakers move to sack minister as rial plunges

Summary by The New Arab
Iran's parliament on Wednesday received a motion from lawmakers seeking to dismiss Economy Minister Abdolnaser Hemmati amid a sharp decline in the national currency, the rial. Under Iranian law, Hemmati must appear before the legislature within 10 days to defend his record in a session that could result in his removal. Ahmad Naderi, a Tehran MP and member of the parliament's presiding board, said 91 lawmakers had signed the motion. The move foll…

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The New ArabThe New Arab
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Macau BusinessMacau Business

Iran lawmakers move to sack minister as rial plunges

Iran's parliament on Wednesday received a motion from lawmakers seeking to dismiss Economy Minister Abdolnaser Hemmati amid a sharp decline in the national currency, the rial. Under Iranian law, Hemmati must appear before the legislature within 10 days to defend his record in a session that could result in his removal. Ahmad Naderi, a Tehran MP and member of the parliament's presiding board, said 91 lawmakers had signed the motion. The move foll…

·London, United Kingdom
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Iran News UpdateIran News Update

Pezeshkian’s Minister Faces Impeachment as Infighting Grows Within Iran’s Regime - Iran News Update

Iranian regime president Masoud Pezeshkian made a surprise appearance at the Ministry of Economy and Finance to support his Minister of Economy Abdolnasser Hemmati. Simultaneously, the vice-chairman of the regime’s parliament announced that the impeachment of Hemmati was on the agenda and the hearing was scheduled to be held on March 2. On Wednesday, February 19, Hamidreza Haji Babaei, vice-chairman of the regime’s parliament, announced the offi…

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Macau Business broke the news in on Wednesday, February 19, 2025.
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