Speaker of the Congress, Mohammad Bugger Karibakh, announced that just six months after President Masudo Pezeshkian’s government took office, 182 of the 273 lawmakers voted to reject Abdulnassar Hemati.
Pezeschkian, defending Hemati, emphasized that the government is trapped in a tough battle with the West. He called for greater unity and cooperation from Congress to face these challenges.
The decision comes amid growing tensions over Iran’s nuclear program and worsening relations with the West. Iran’s economy is seriously affected by international sanctions, particularly after the US withdraws from its 2015 nuclear deal. In 2015, the Real was worth a dollar, but by the time Pezeshkian took office in July it had plummeted to 584,000 against the dollar. Recently, it fell even further as Tehran exchange shops trade 930,000 rials in each dollar.
During the ammo each procedure, Mohammad Qasim Osmani, a supporter of Hemati, argued that inflation and rising exchange rates were not the fault of the current government or Congress. He pointed out the fiscal deficit left by the previous administration, saying it contributed to economic instability. Osmani also cited recent geopolitical events as a factor that undermines public confidence, with many people converting savings into foreign currency, which further devalued the real.
Henmaty acknowledged the harsh economic situation during five months of work, including a 10% cut in inflation. However, he admitted that inflation was high and he was standing at 35%. He assures lawmakers that his team is working hard to deal with the issue, but warned that the process will take time. This latest development is another chapter in Iran’s ongoing political and economic struggles as the country continues to navigate complex relationships with both leadership and the international community.
