Iran dismisses economy minister
Iran: Wednesday, April 23 - 2008 at 07:33
Iran's economy minister has been dismissed following his statements blaming record levels of inflation on high government spending, reported Bloomberg. President Mahmoud Ahmadinejad has named Hossein Samsami as caretaker of the Ministry of Economy and Finance, replacing Davoud Danesh-Ja'fari, according to the official Islamic Republic News Agency. Ahmadinejad is facing increasing criticism as inflation rose to a 5-year high of 20.2% in February.
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Jeff Florian, Senior ReporterWednesday, April 23 - 2008 at 07:33 UAE local time (GMT+4)
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