Home NEWS IRAN NEWS Skyrocketing liquidity in Iran during Ahmadinejad’s terms as president

Skyrocketing liquidity in Iran during Ahmadinejad’s terms as president

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Skyrocketing liquidity in Iran during Ahmadinejad’s terms as president

Liquidity in Iran has more than quadrupled since Ahmadinejad came to power.
“All of the country’s liquidity was 940 trillion rials (nearly $77 billion). This is while under the 9th and 10th governments in Iran, this amount has reached 4,020 trillion rials (over $328 billion), meaning liquidity in this period has more than quadrupled. High liquidity means a flood, and if a flood is not contained, it will destroy everything,” said Mullah Mesbahi Moghadam, head of the Majlis (parliament) Planning and Budget Commission in an interview with state-run TV citing the regime’s own Central Bank statistics.