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What Economic Players Expect From Next President?

What Economic Players Expect From Next President?
What Economic Players Expect From Next President?

What economic players expect from next president is the return of the Central Bank of Iran to the inflation control mission, Feryal Mostofi, a member of Tehran Chamber of Commerce, Industries, Mines and Agriculture, said.
“How the next president might see the position and function of the central bank is the main concern of economic players in the runup to June 18 elections. The central bank of each country is the prime mover of macroeconomic stability and financial regulation. As we speak, Iran is experiencing economic instability, thanks to external shocks and internal confusions,” she told IRIB News.
The presidential election in Iran will be held on June 18.
“Presidential candidates are expected to outline their plans and policies on how they intend to create economic stability. What will be their plans if nuclear negotiations in Vienna prove successful, sanctions go away and consequently frozen assets are released? Will we once again witness the purchase of local currency by the central bank to keep the exchange rate fixed, or will the country’s reserves be spent on the development of infrastructures, imports of high-tech capital goods, improvement of technology, reclaiming past export position and restoring ties with global financial system? Another question is how the future president will create economic stability in the event of failure of nuclear negotiations.”

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