Iran’s government has approved a proposal to remove four zeros from the national currency, Tein News reported on August 10, citing IRNA.
Government spokesperson Fatemeh Mohajerani said the decision was taken during a cabinet meeting, adding that the “toman” and “qeran” would become the official units of currency.
This comment has come in direct contrast to the official tone of the Iranian parliament which said that they would keep the current “rial” currency.
She noted that the transition would be gradual, with both old and new units used for a period.
Mohajerani also marked National Journalists’ Day, paying tribute to journalists killed in the Iran–Iraq war and the 12-day “Sacred Defence” conflict. She called journalists “messengers of awareness, inquiry and hope.”
The spokesperson said the cabinet discussed President Ebrahim Raisi’s recent visit to Pakistan, describing it as a “fruitful” trip during which 12 cooperation agreements were signed.
Governors’ powers were also reviewed, with proposals to delegate more authority, including the ability to declare provincial holidays due to water, electricity and energy shortages.
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