TEHRAN – On Tuesday the Iranian parliament is scheduled to host a closed session on the economic situation attended by Industry and Trade Minister Mohammad Shariatmadari and Planning and Budget Organization chief Mohammad Baqer Nobakht.

Behrouz Nemati, spokesman for the parliament’s presiding board, said on Monday that the economic problems is to be assessed during the session, Mehr reported.  

A devaluation of national currency, rial, against foreign currencies and a consequent price rises have prompted the parliament and government to take speedy measures.

MH/PA