IMF: Central Bank of Iran should ‘streamline’ committee membership

IMF assessment warns of committees “dominated” by government agencies

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

The Central Bank of Iran (CBI) should limit the number of government agency officials on its committees to protect its independence, a team from the International Monetary Fund said on October 3.

In a statement on the conclusion of the nation's latest Article IV consultation, the fund noted a number of factors limiting the central bank's ability to safeguard price stability, one of which concerns a proposed amendment to the central bank bill.

"The proposed governance structure of the CBI is

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