CBI Says Determined to Clean Up Banking Sector

The Governor of Central Bank of Iran Ali Salehabadi says the government has undertaken major reforms to improve the banking sector.  
The reforms concentrate on controlling influential factors in expanding money supply and the monetary base, the government’s borrowing from the CBI, bank debts to the CBI, foreign assets of the central bank and bonds issued by the government to cover its deficits, he told state TV.
“The central banks has devised structures to address and remove the flaws,” he was quoted as saying by the CBI website.