TEHRAN (Iran News) – Minister of Economic and Financial Affairs says all economic factors and international reports show that Iran’s inflation rate is slowing down.
On Tuesday and answering questions of ILNA, Ehsan Khandouzi said that the inflation rate is gradually coming under control and current international reports and economic indicators bespeak of Iran’s inflation is slowing down.
He reiterated that despite the rise in price of dollar all economic indicators are in favor of decrease in inflation rate.
He went on to say that according to the approval of Money and Credit Council, bank interest rate is to increase and the approval has been announced by the Central Bank. He added that there are different interest rates for the short and long term deposits which is to be implemented this year.
Khandouzi also pointed to the meetings of Anti-Money Laundering High Council in almost recent 16 months, and said the number of meetings in this period has been almost four times more than the number of meetings during the previous government and today one sees developments in activities of this council.
He reiterated that the main goal of this council is to minimize money supply for smuggling and tax evasion.
He went on to say that Iran has reached good agreements with neighboring states especially EEU states for financial data and information and all activities of the council in the past 16 months will soon show its signs in the country for preventing financial crimes.
He reiterated that the move of the country and council is not for pleasing the foreigners and all decisions are regulated based on the domestic financing.
Khandouzi noted that these measures and actions should have been taken years ago, noting that joining the FATF is waiting for the Expediency Council decision.
He went on to say that some directives have been prepared for using bitcoins and exchange of goods and purchasing foreign goods with bitcoins.
