Top Three Economic Ministers Resign From Ahmadinejad Cabinet

August 27th, 2007 Posted By Pat Dollard.

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TEHRAN, Aug. 26 — The head of the Central Bank of Iran resigned Sunday, bringing the number of key economic figures who have left President Mahmoud Ahmadinejad’s cabinet to three this month.

A government spokesman, Gholamhossein Elham, announced the resignation of the bank’s governor, Ebrahim Sheibani, after weeks of rumors that he had resigned over his differences with Mr. Ahmadinejad.

Mr. Elham said a former economy minister, Tahmaseb Mazaheri, would succeed Mr. Sheibani, the Iranian Students News Agency reported.

The resignation came after the departures this month of the minister of oil, Kazem Vaziri-Hamaneh, and the minister of industry, Alireza Tahmasebi.

Mr. Sheibani had reportedly opposed Mr. Ahmadinejad’s unexpected intervention to lower interest rates to 12 percent from 15 and 17 percent.

Economists were shocked after the president dissolved the Money and Credit Council, a monetary policy-making body, this month.

Mr. Ahmadinejad was elected in 2005 on a mandate to distribute the country’s oil wealth among its poor. Economists had warned that his policy of importing goods to lower prices, and of distributing the oil windfall instead of investing in development projects, would increase inflation.

NYT


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5 Responses

  1. Baghdad Aviator

    Let me understand this Stinky… Your government is falling apart, you have no money due to international sanctions, inflation is broaching 40%, the younger generation can’t stand the thought of you and what do you do? Sit around all day watching imaginary flies land on your nose?! Hopefully that skill will allow you to watch the .308 boat tail round as it makes it way toward the same spot someday. Cute, real cute. Sleep well….

  2. Dan (The Infidel)

    LOL at the pic. Ahmedinadinnerjacket is sitting on a powder keg, and insists on doleing out Iranian monies that belong to its people to support other nutcase causes like Hizbollah, and Hamas or the Shit-ite 12thFucktard Army.

    No wonder his country is in the shape that it is in.

    And “Stinky”-in-a-jacket has already been warned by his religious puppetmasters that his economic policies are a complete failure.

    Gee, and he still doesn’t get it. This loser needs a JADAM enema in the worst way.

  3. Brad W(the infidel)

    ROFLMAO, I can’t tell whether the kook is passing gas in this picture, or if he is getting his regular enema, and trying to hold it in….

  4. Jerry

    look completely out of it to me.. The do use a lot of opium in that part of world. Looks to me like he is following a local custom.

  5. jam

    Someone please tell me why this asshole isn’t at Gitmo, answering a few questions.

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