Wednesday 25 July 2018

With economy faltering, Iran appoints two new heads of key agencies | Reuters

With economy faltering, Iran appoints two new heads of key agencies | Reuters:

Iran’s cabinet appointed new heads at two of the government’s top economic institutions, as the country grapples with a faltering economy and a sliding currency that have provoked public protests.

President Hassan Rouhani has come under increasing pressure from hardliners to reshuffle his economic team, and senior government officials had suggested a shakeup was imminent.

The new appointments suggest Rouhani, who has mostly touted the economic successes of his administration, is acknowledging a need for change to stifle criticism and tamp down ongoing protests.

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