Hemati, the Governor of the Central Bank, in his recent statements emphasized that this institution cannot and should not have a passive approach regarding the transmission of external shocks to the domestic economy. He pointed out the importance of addressing the challenges arising from global developments and stressed the need for a more proactive approach.
The Necessity of Responding to External Shocks
According to Hemati, the Central Bank must act as a vital institution in the country's economy, possessing the capability and readiness to face challenges arising from international developments. This issue is particularly important in conditions where the country's economy is affected by sanctions and global fluctuations.
Read more: Iran's Economy and Endless Challenges: In Search of a Path for the Future
Impacts of Global Developments on the Domestic Economy
Hemati also referred to the challenges arising from existing imbalances in international markets and stated that these imbalances can directly and indirectly affect the domestic economy. He noted that the Central Bank must respond to these challenges by adopting appropriate and effective measures to prevent their negative impacts on the country's economy.
In conclusion, Hemati emphasized the importance of strengthening international cooperation and utilizing the experiences of other countries in facing economic shocks. He expressed hope that by adopting a more proactive approach, the Central Bank could play a more effective role in maintaining economic stability.
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