In view of the galloping inflation in Iran, the Parliament has released the finance minister. In a vote on trust, 182 of 273 MPs voted on Sunday for a dismissal of Abdolnaser Hemmati, who was also Minister of Economics. Immediately before the vote, President Massud Peseschkian had campaigned for his minister.
“The economic problems of today's society are not related to one person and we cannot put everything on one person,” said Peseschkian in front of the parliamentarians. “We are in a comprehensive economic war with the enemy – we have to take a war formation,” he apparently added against his country with a view to the economic sanctions of the West.
But the president could not convince the parliament – Hemmati was discontinued. Many Iranians blame him for the economic crisis in the country. Inflation gallops, the currency loses value: on the black market, the course on Sunday was 920,000 Iranian rial to a dollar – in the middle of last year there were still less than 600,000 rial.
The Vice President also draws consequences
After the Iranian Minister of Economic Affairs, the influential Vice President Mohammed-Jawad Sarif also wants to withdraw. As the state -owned Iranian news agency Irna reported, Sarif submitted his request for resignation to President Massud Peseschkian.
Sarif's decision follows the removal of the moderate minister and former central bank chief Hemmati. Observers consider the step as a difficult blow for the moderate-conservative president Peseschkian, who has only been in office for around seven months.
Shortly after the formation of the government, Sarif had cleared his post in office after only eleven days in early August 2025. The reason was differences with President Peseschkian on his conservative cabinet. A little later, however, he took up his role.
