Mohammad Reza Pour-Ebrahimi
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Time Up for Trial and Error
EghtesadOnline: Mohammad Reza Pour-Ebrahimi, the head of the Majlis Economic Commission has warned against the return of the command economy saying that the country can no more bear with the…
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Majlis Backs Forex Rate Unification
EghtesadOnline: The parliament supports the implementation of the long-delayed promise to unify the country’s dual foreign exchange rates, the chairman of Majlis Economic Commission said.
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Parliamentary Commission Supports Merger of Banks
EghtesadOnline: As the possibility of mergers in the Iranian banking system strengthens, a senior lawmaker has lent his support to the proposed measure, saying the move could help banks upgrade…
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Gov't to Enforce Transparency in State Entities
EghtesadOnline: The two-year-old law requiring economic entities affiliated to non-departmental public bodies to make their financial statements transparent will be put into effect in the current…
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Banking Reform High on Majlis Agenda
EghtesadOnline: Overhauling the laws and regulations of the country’s banking system would be one of the main priorities of Majlis Economic Commission during the current fiscal year that started…
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Lawmaker Says FATF's Iran Stance Unacceptable
EghtesadOnline: A senior lawmaker has criticized the latest public statement issued by the Financial Action Task Force concerning Iran, saying it would be "unacceptable" for the country to stay…
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No Bank Facilities for Non-Transparent Firms
EghtesadOnline: Banks and credit institutions have been ordered not to extend any kind of banking services to businesses that have not presented their balance sheets, announced the head of Majlis…
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Lawmaker Raises Alarm on Soaring Interbank Rates
EghtesadOnline: Lack of proper supervision on interbank market operations has caused a considerable surge in interest rates, said the head of Majlis Economic Commission.
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Parliament to Review Banking Bill in Spring
EghtesadOnline: The updated version of the Banking Reform Bill, a blueprint for undertaking major reforms in the banking sector, will at last be taken up in the parliament ‘s spring session,…
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No Passage of Banking Bills Before Summer 2017
EghtesadOnline: Chances that the final draft of the Banking Reform Bill and the Central Bank Bill will be approved by the Iranian Parliament by the end of President Hassan Rouhani’s first term…
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Rial Strengthens to 39,500 Per USD
EghtesadOnline: The unification of Iran's dual foreign exchange regime and the decline in the exchange rate of major currencies were among the most important topics discussed at Saturday's meeting…
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Lawmaker Warns of Currency Change Cost
EghtesadOnline: Changing Iran’s official monetary unit from rial to toman would cost a hefty 30 trillion rials ($922.7 million), announced the head of Majlis Economic Commission.