InternationalInternational Economics
Credit guidance, not mandatory facilities for banks

According to Fars News Agency, Seyed Ehsan Khandouzi, Minister of Economic Affairs and Finance, wrote on his Twitter page: In a note I made a few days ago, I had criticized the increase of 1,000,000 billion Tomans in bank facilities in the future budget.
I hope that the MPs will prevent the escalation of the banks’ imbalances and damage to the government’s anti-inflation program, given the warning of the Supreme Leader of the Revolution today.
We agree with credit management, but not in the past.
End of message / b
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