Economy, Business And Markets

New CBI Entities Approved

New CBI Entities Approved
New CBI Entities Approved

Members of Majlis Economic Commission on Sunday approved the formation of new specialized committees within the Central Bank of Iran for reviewing articles related to long-awaited bank reforms.
According to the commission's spokeswoman, Zahra Saeidi Mobarakeh, MPs have green-lighted the formation of a specialized monetary and forex policy committee in addition to a supervisory entity.
"A law enforcement council was also approved, which will operate as a subset of the Supervision Department while a number of instruments for implementing monetary policies by the central bank were ratified by the commission," she told ICANA, the official news outlet of the parliament.


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