Central Bank of Iran may be forced to print money to pay government
Governor warns lawmakers that forcing CBI to pay monthly dividend is unwise
The Central Bank of Iran (CBI) may be forced to print money, potentially adding to the country’s rapid money supply growth, as the government looks for ways to fill a widening gap in its finances.
A proposal ratified in early February by the Iranian parliament would require the central bank to hand over 50% of the profit it makes on currency revaluations from oil sales, which would be paid to the government as a monthly tax.
But while the central bank makes profits on some individual trades
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