Iran’s Economy Minister Abdolnaser Hemmati has characterized BRICS as a declaration of dissatisfaction with Western leadership at the World Bank.

EghtesadOnline: Iran’s economy needs rehabilitation, but the state is avoiding it for fear of the shocks of righting the past wrongs.

EghtesadOnline: Why do producers, traders and other economic players complain about lack of resources, despite a 35% growth in money supply? Why are banks struggling with the provision of credit? Abdolnasser Hemmati, the former head of the Central Bank of Iran, prefaced his write-up for the Persian daily Donya-e-Eqtesad with these questions.

EghtesadOnline: Why did Iran’s economy fail to achieve growth over the past decade? This question should be posed to the industrial sector, the main driver of growth.

EghtesadOnline: The Purchasing Managers' Index for Iran’s economy has declined for the third consecutive month to break below the 50-mark threshold.