Abdolnaser Hemati, the Governor of the Central Bank of Iran, at the International Monetary Fund meeting held in Bangkok, highlighted the economic pressures resulting from the imposed war by the United States and Israel against Iran, and emphasized the country's economic resilience. He stated that the claim of the collapse of Iran's economy is merely an illusion, and despite the sanctions, the country's economy has shown that it is capable of confronting these challenges.
Priorities of the Central Bank of Iran
Hemati continued, "Our priorities at the Central Bank are to control inflation, stabilize inflation expectations, maintain financial stability, and ensure the continuity of banking services and the payment system." He emphasized that the Central Bank has played a significant role in maintaining economic stability by providing foreign currency for the country's essential needs and controlling inflationary pressures.
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Commitment to Monetary Discipline and Effective Policies
Hemati also emphasized the Central Bank's commitment to monetary discipline and strengthening policy frameworks, stating: "These efforts must be evaluated considering external shocks and financial constraints that affect the policymaking environment." He added that the continuation of the regional situation could impact energy markets, transportation, trade, and investment, and thus, stability requires respect for the sovereignty and security of regional countries.
At this meeting, Hemati called on the International Monetary Fund to carefully examine the economic effects of war and sanctions in its supervisory activities. He deemed this responsibility necessary for analysis with uniform criteria for all members and active dialogue among members.
The annual meeting of the International Monetary Fund and World Bank Group in 2026 will be held from October 12 to 18 (20 to 26 Mehr 1405) in Bangkok, the capital of Thailand. Abdolnaser Hemati and Seyed Ali Madani Zadeh, the Minister of Economic Affairs and Finance, are attending this meeting as the Iranian delegation.
Meeting Topics and Global Economic Challenges
The outlook for the global economy, financial stability, economic growth, employment and investment, financing for development and poverty reduction, the role of artificial intelligence in employment and development, government debt, and global economic challenges are among the topics of this annual meeting. These issues reflect the current state of the global economy and the challenges it faces.
In conclusion, Hemati emphasized the importance of international cooperation and mutual accountability, stating: "These developments require a more proactive and clearer response from the fund to strengthen international monetary cooperation and effectively oversee the international monetary system."
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