Iran’s Parliament Dismisses Finance Minister Amid Economic Crisis
Iran’s parliament impeached Finance Minister Abdolnasser Hemmati amid concerns over the plummeting rial and accusations of mismanagement. The decision follows significant economic turmoil marked by rising inflation and international sanctions, leading to the rial’s substantial devaluation. President Masoud Pezeshkian advocated for unity to tackle ongoing economic challenges, asserting the government is working to stabilize the economy.
On March 2, 2025, Iran’s parliament impeached Finance Minister Abdolnasser Hemmati, removing him from office due to escalating concerns regarding the declining value of the rial and allegations of mismanagement. The Speaker of Parliament, Mohammad Bagher Qalibaf, confirmed that 182 out of 273 lawmakers voted in favor of the dismissal, a mere six months after President Masoud Pezeshkian’s administration commenced.
The impeachment of Finance Minister Abdolnasser Hemmati highlights Iran’s ongoing economic challenges, exacerbated by international sanctions and rising inflation. His removal reflects the parliament’s frustration with the declining rial and serves as a call for unity as the government faces significant geopolitical pressures. The situation underscores the complexities within Iran’s political and economic landscape as it grapples with domestic and foreign adversities.
Original Source: apnews.com
