Iran's parliament fires minister of economy over plummeting rial, mismanagement
- Posted on March 2, 2025
- By Business News Today
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Iran's parliament fires minister of economy over plummeting rial, mismanagement

Iran's parliament has impeached Economy Minister Abdolnasser Hemmati, resulting in his removal from office amid the crashing rial and mismanagement accusations. President Pezeshkian emphasized the battle with the West and called for unity. The rial's value has drastically dropped, exacerbated by sanctions and economic instability.