10 July 2016 - 15:46
  • News Code: 264632
Iran Economy Balanced in Near Future: Top Banker

TEHRAN, July 10 (Shana) – Head of the Central Bank of Iran (CBI) Valiollah Seif said measures are under way in the country's banking system which will restore balance in the country's economy.

Speaking on Sunday at the government cabinet's economic committee, Seif said the administration has successfully curbed inflation in the past couple of years and has put top on it agenda economic transparency and financial order.

"In the past, given the ruling administration's approach, the banking system was becoming frozen in its balance which prevented the system to use all its flexes when needed," he added. 

News Code 264632

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