Banar: The price stabilization plan was a very big mistake We had a lot of oil revenue during Ahmadinejad's time, but it was just money. Mohammadreza Banar, Member of the Efficiency Council: During the last 40 to 50 years, we have not performed well in the inflation process; That is, Iran's average inflation in the last 50 years was 20% and our average economic growth was 3-4%. The price correction in 1983 was a very wrong decision and created trouble; During Ahmadinejad's time, we had a lot of oil revenue, but we only poured money into the country. Read the full text of this roundtable discussion on Akhtaznews. See the roundtable teaser here. Watch the full video on Akhtaznews' YouTube channel. Yes, Instagram.

Banar: The price stabilization plan was a very big mistake We had a lot of oil revenue during Ahmadinejad's time, but it was just money. Mohammadreza Banar, Member of the Efficiency Council: During the last 40 to 50 years, we have not performed well in the inflation process; That is, Iran's average inflation in the last 50 years was 20% and our average economic growth was 3-4%. The price correction in 1983 was a very wrong decision and created trouble; During Ahmadinejad's time, we had a lot of oil revenue, but we only poured money into the country. Read the full text of this roundtable discussion on Akhtaznews. See the roundtable teaser here. Watch the full video on Akhtaznews' YouTube channel. Yes, Instagram.