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Iran's CB Says Fears Systemic Deficiency in Fiscal Budget

CBI Says Fears Systemic Deficiency in Fiscal Budget
CBI Says Fears Systemic Deficiency in Fiscal Budget

The Central Bank of Iran governor on Sunday has urged the Majlis to approve provisions of the 2022-23 budget with minimal revenue deficit.
Ali Salehabadi said an unbalanced fiscal budget will undermine the CBI’s program in the coming year to control key macroeconomic variables, namely inflation.
“Controlling the monetary base, money supply and inflation is instrumental and the CBI has a comprehensive plan to realize this goal,” Salehabadi was quoted as saying by the CBI website. 

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