Energy prices, foreign exchange rates and the interest rate are economic variables, in which changes influence policymaking but are considered a taboo in Iran’s politics. This was stated by Ali Sarzaeem, an economic expert, in a write-up for the Persian economic daily Donya-e-Eqtesad.
A translation of the text follows:
Policymaking is no easy task in Iran’s economy and that’s not due to the complexity of equations linking economic variables. There’s no denying the fact that understanding economic phenomena is difficult, but what makes economic decision-making even more grueling is that economic policies are tied to the economic interests of different sections of the society; personal interest has become the yardstick to judge an economic policy...
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