A Member of Parliament: They Do Not Allow Investigation into the 4200 Toman Currency

A member of parliament has reported that the Central Bank is preventing an investigation into the allocation of the 4200 toman currency over the past two years, stating that more than two-thirds of the representatives have voted in favor, but the Central Bank is obstructing it. Jabbar Koochaki Nejad raised this issue during a public session of the Islamic Consultative Assembly on Sunday, January 7, and Mohammad Baqer Qalibaf responded by saying, "The law is the law and it has been ratified, and the Central Bank has cooperated and will bring it to fruition." Jabbar Koochaki Nejad explained the reason for this notice, stating that more than tens of billions of dollars of government resources, which should have been reflected on the tables of the people, have unfortunately gone into the pockets of a group of rent-seekers. The 4200 toman currency, known as the 'Jahangiri Dollar,' was allocated for market regulation and to keep the prices of essential goods stable. Analysts, pointing to inflation exceeding 40% and the multiple increases in the prices of some essential items, believe that the allocated currencies have been spent in areas other than the livelihood and welfare of the people. This issue was the main reason for the approval of the 'investigation and inquiry' plan. Although in 2022, the government of Ebrahim Raisi eliminated the 4200 toman currency and introduced the 28,500 toman currency into the Iranian economy, there was no change in its rent-seeking nature. Reports indicate that in one case, 3.7 billion dollars of currency was given to a company for importing tea and machinery, which not only did not lead to market regulation of tea but also caused a multiple increase in prices and the distribution of carcinogenic tea in the market. Iranian carpet from heaven to earth; a 98% decrease in exports and the migration of weavers. The former head of the Central Bank: Inflation will not decrease next year. Iran's access to Iraqi dollars has been cut off; currency exchange with Iran has been banned. The preferential currency rate for powdered milk has increased sevenfold; production is likely to stop in the coming months. A member of parliament reported the continuation of problems in supplying medicine and powdered milk. Continued financial corruption in Iran; traces of 'mafia' in the import of two million tons of rice with cheap currency. Aftershocks of the billion-dollar 'Debesh' corruption; the Ministry of Agriculture promised to limit tea imports.