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Iran’s Parliament Ousts Finance Minister Amid Economic Crisis

Iran’s parliament impeached Finance Minister Abdolnasser Hemmati over a crashing rial and accusations of mismanagement, with 182 lawmakers voting for his dismissal. President Masoud Pezeshkian emphasized the need for unity amidst economic turmoil, exacerbated by international sanctions and geopolitical factors. Hemmati noted the difficult economic environment, acknowledging high inflation despite his administration’s efforts.

On March 2, 2025, Iran’s parliament conducted an impeachment hearing that resulted in the ousting of Finance Minister Abdolnasser Hemmati due to the declining value of the rial and claims of inadequate governance. A total of 182 out of 273 lawmakers voted for his dismissal, reflecting widespread dissatisfaction with the government’s handling of the economy, just six months after President Masoud Pezeshkian took office.

The impeachment of Finance Minister Abdolnasser Hemmati highlights the Iranian parliament’s frustration with the economic crisis and the plummeting rial, directly attributed to continued sanctions and mismanagement concerns. President Pezeshkian’s call for unity underscores the government’s ongoing struggle to stabilize the economy amid geopolitical tensions. As the situation develops, Iran faces significant challenges in restoring public confidence and economic stability.

Original Source: apnews.com

Sofia Martinez

Sofia Martinez has made a name for herself in journalism over the last 9 years, focusing on environmental and social justice reporting. Educated at the University of Los Angeles, she combines her passion for the planet with her commitment to accurate reporting. Sofia has traveled extensively to cover major environmental stories and has worked for various prestigious publications, where she has become known for her thorough research and captivating storytelling. Her work emphasizes the importance of community action and policy change in addressing pressing global issues.

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