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Iran’s Economy Minister Dismissed after Losing Parliamentary Vote of Confidence

  • March, 02, 2025 - 14:31
  • Economy news
Iran’s Economy Minister Dismissed after Losing Parliamentary Vote of Confidence

TEHRAN (Tasnim) – Iranian lawmakers on Sunday gave a vote of no confidence to the minister of Economic Affairs and Finance, terminating the term of Abdolnaser Hemmati 193 days after he took office.

Economy

Hemmati attended an open session of the Parliament on Sunday and took the podium to answer the questions of a number of lawmakers, complaining about his ministry’s performance and poor handling of the economic situation.

At the conclusion of the impeachment, the parliamentarians voted for the motion to dismiss the minister with 182 votes in favor, 89 no votes, and one abstention from a total of 272 votes.

Under the Iranian Constitution, lawmakers can impeach ministers when they deem it necessary. An impeachment motion can be submitted when it has at least ten signatures.

The lawmakers have complaints about price hikes and diminishing purchasing power in Iran.

The Iranian money, rial, plunged to a record low against the US dollar this month. There has been growing demand for dollars and gold among ordinary Iranians, who fear more plunge in the value of their assets and growing price of goods, even those not imported from abroad.

 
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Parliament Impeaches Iran’s Economy Minister
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