Business

Report on limiting growth of monetary base, liquidity

At the meeting of the Cabinet’s Economic Coordination Board, the proposals of the Ministry of Economic Affairs and Finance for the stock exchange were approved.

At a meeting of the Cabinet’s Economic Coordination Board chaired by President Ayatollah Dr Seyyed Ebrahim Raisi on Sunday night, a report was presented on limiting the growth of the country’s monetary base and liquidity over the past quarter.

In this meeting, Dr Raisi called on the Central Bank to put the organisation of the banks on the agenda so that in the remaining months of this year, the decline in the growth of the monetary base can be continued and managed.

The meeting also discussed and agreed with the proposals of the Ministry of Economic Affairs and Finance regarding the stock market.

Source: Presidency of Islamic Republic of Iran