Iranian Minister of Economic Affairs and Finance Shamseddin Hosseini objects to the political approach of international organizations to Iran’s economic growth rate.
“As one of the major shareholders in the World Bank and the International Monetary Fund (IMF), Iran protests the management of these international bodies,” Hosseini told reporters on Tuesday, IRNA reported.
He made the remarks on the sidelines of the annual Conference on Monetary and Foreign Exchange Policies.
Although Iran delayed the announcement of its economic growth rate, the World Bank acted in a political manner in reporting the figure, Hosseini said.
“The interesting thing is that, when a country does not announce its economic growth rate, international reports leave the space [for the relevant figure] in front of its name empty, and this is what happened regarding Iran’s foreign exchange reserves; however, the World Bank did not act similarly with regards to [Iran’s] economic growth rate and announced the figure,” the Iranian minister added.
Hosseini said the move by the World Bank was carried out under political pressure on its management, adding, “While we use the experience of the expert body of international organizations, we will not bow to the pressure of their management.”
