• About Us
  • Contact
Sunday, December 3, 2023
  • Login
No Result
View All Result
Diplomatic Watch
  • News
  • Diplomacy
    • Ambassador-In-Situ
    • Appointments
    • Citizen Diplomacy
    • Country Profile
    • Embassy
    • Family
    • Head of Mission
    • Honorary Consul
    • In Memoriam
    • National Day
  • Politics
  • Economy
  • Features
    • Business
    • Culture
    • Energy
    • Environment
    • Health
    • Interviews
    • Migration
  • Regions
    • Africa
    • Americas
    • Asia
    • Europe
    • Oceania
  • Editorial
  • Opinion
  • Events
  • Jobs
  • News
  • Diplomacy
    • Ambassador-In-Situ
    • Appointments
    • Citizen Diplomacy
    • Country Profile
    • Embassy
    • Family
    • Head of Mission
    • Honorary Consul
    • In Memoriam
    • National Day
  • Politics
  • Economy
  • Features
    • Business
    • Culture
    • Energy
    • Environment
    • Health
    • Interviews
    • Migration
  • Regions
    • Africa
    • Americas
    • Asia
    • Europe
    • Oceania
  • Editorial
  • Opinion
  • Events
  • Jobs
No Result
View All Result
Diplomatic Watch
No Result
View All Result
Home Diplomacy

Iranian Parliament Removes Finance Minister

Khaleel Owoyemi by Khaleel Owoyemi
August 26, 2018
Reading Time: 1 min read
0
Share on FacebookShare on Twitter

Iran’s parliament sacked the minister of economic affairs and finance on Sunday, amid a sharp fall in the rial currency and a deterioration in the economic situation.

The Rial has lost half its value since April The United States reimposed some sanctions in early August and a 2nd set targeting Iran’s oil industry is due to take effect in November.

The Iranian parliament backed the removal from office of Masoud Karbasian, minister of finance and economic affairs, by 137 votes to 121 against.

RELATED STORIES

Nigeria and Germany Partner to Boost Power Grid

Nigeria and Germany Partner to Boost Power Grid

December 2, 2023
Zambian and French Presidents Hold Bilateral Talks at COP28

Zambian and French Presidents Hold Bilateral Talks at COP28

December 2, 2023
ADVERTISEMENT

The sacking was the latest in a continuing shakeup of top economic personnel with lawmakers voting out the minister of labor in April and last month President Hassan Rouhani replaced the head of the central bank.

The U.S. sanctions, reimposed after President Donald Trump pulled the United States out of a 2015 international deal aimed at curbing Tehran’s nuclear program, have exacerbated an already difficult economic situation in Iran.

Protests linked to the tough economic situation in Iran began last December, spreading to more than 80 cities and towns and resulting in 25 deaths.

ADVERTISEMENT
ADVERTISEMENT
Tags: FINANCEHassan RouhaniIranMasoud Karbasian
Khaleel Owoyemi

Khaleel Owoyemi

ADVERTISEMENT

Popular Today

  • Dubai Airports Embraces Inclusive Travel for People of Determination

    Dubai Airports Embraces Inclusive Travel for People of Determination

    38 shares
    Share 15 Tweet 10
  • Ethiopian Airlines Celebrates 77 Years of Connecting Africa and the World

    214 shares
    Share 86 Tweet 54
  • South African Consul-General Calls for Increased Nigerian Investment

    20 shares
    Share 8 Tweet 5
  • Indigenous Peoples and Nature Must Be at Center of COP28

    9 shares
    Share 4 Tweet 2
  • Nigeria-South Africa Ties Strengthened as Envoy Departs

    227 shares
    Share 91 Tweet 57

Be the first to know

ADVERTISEMENT
ADVERTISEMENT
  • About Us
  • Careers
  • Contact
WRITE US info@diplomaticwatch.com

© 2023 Diplomatic Watch - All rights reserved.

No Result
View All Result
  • News
  • Diplomacy
    • Ambassador-In-Situ
    • Appointments
    • Citizen Diplomacy
    • Country Profile
    • Embassy
    • Family
    • Head of Mission
    • Honorary Consul
    • In Memoriam
    • National Day
  • Politics
  • Economy
  • Features
    • Business
    • Culture
    • Energy
    • Environment
    • Health
    • Interviews
    • Migration
  • Regions
    • Africa
    • Americas
    • Asia
    • Europe
    • Oceania
  • Editorial
  • Opinion
  • Events
  • Jobs

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In