Iranian Lawmakers Conclude Review of Central Bank Bill

Members of the economic commission of Iran’s Parliament on Tuesday concluded the review of reform measures concerning the Central Bank of Iran, which is part of wider reforms aimed at overhauling the country’s ailing banking system.
According to Zahra Saeidi Mobarakeh, spokeswoman of Majlis Economic Commission, the parliamentary entity finalized CBI reforms that constituted about one-third of the banking reforms.
“Subjects reviewed during today’s MEC meeting included the mode of calculating revenues and losses in the central bank balance sheet, increasing the capital of central bank and regulating the revaluation of central bank foreign assets,” she told ICANA, the official news outlet of the parliament.
On Monday, she had announced that MEC members further discussed the central bank’s monetary and foreign currency policies.