Komijani Underscores Employing Monetary Policy to Tame Inflation

The Central Bank Iran will continue to implement monetary policy to control the expanding money supply and harness inflation, the CBI governor said. 
Akbar Komijani said the economy is suffering from the supremacy of “the government’s fiscal policy over the CBI’s monetary policies.” 
He was speaking in a ceremony to commend banks’ efforts to support low-income households. The meeting was attended by the First Vice-President Ishaq Jahangiri, the CBI website reported. 
The senior banker referred to the US economic blockade since 2018, regular government budget deficits and the pandemic as the three main factors driving inflation in the recent years.