Central Bank of Iran may be forced to print money to pay government

The Central Bank of Iran
The Central Bank of Iran
Ensie & Matthias/Flickr

The Central Bank of Iran (CBI) may be forced to print money, potentially adding to the country’s rapid money supply growth, as the government looks for ways to fill a widening gap in its finances.

A proposal ratified in early February by the Iranian parliament would require the central bank to hand over 50% of the profit it makes on currency revaluations from oil sales, which would be paid to the government as a monthly tax.

But while the central bank makes profits on some individual trades,

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: