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Home Business

Pezeshkian to propose Ali Madanizadeh as Economy and Finance Minister

IANS by IANS
June 1, 2025
in Business
Pezeshkian to propose Ali Madanizadeh as Economy and Finance Minister
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Tehran, June 1 (IANS) Iranian President Masoud Pezeshkian is set to propose economics professor Ali Madanizadeh for the post of Minister of Economic Affairs and Finance to the parliament, reports said.

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If Madanizadeh manages to secure the vote of confidence from the Majlis, he would replace Abdolnasser Hemmati, who was impeached on March 2, Iran’s Mehr News Agency reported

Hemmati, a former Central Bank Governor, was accused by a large section of the conservative-majority Majlis of not remedying the country’s dire inflation situation and the Iranian rial’s rapid fall in value. Almost two-thirds of the Majlis members present during the impeachment vote backed the motion to remove him in just around six months at the helm in the sanctions-hit country.

Following his removal, Rahmatullah Akrami was the caretaker Economy Minister, but President Pezeshkian has not proposed him for the key post.

Madanizadeh is a professor of economics at Sharif University of Technology.

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During his school years, he won a gold medal in the Iranian Mathematics Olympiad and a bronze medal in the International Mathematics Olympiad. He completed his postgraduate studies at Sharif, Stanford, and Chicago universities, as per Iranian media.

–IANS

vd

*Except for the headings & sub-headings, this story has not been edited by The enewstime.in and has been published from IANS feed.

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