Iran Expediency Council

EghtesadOnline: A member of the Expediency Council, which resolves disputes between the parliament and the constitutional watchdog Guardians Council, has joined a string of officials and observers in calling for interest rates to be lowered, noting that the bank rates are too high for manufacturers and entrepreneurs.

EghtesadOnline: Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has appointed Ayatollah Mahmoud Hashemi Shahroudi as the new chairman of Iran’s arbitration body, the Expediency Council.