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Economy

* Japan calls for expansion of economic cooperation with Iran  News Report

* Iran's president visits India for gas pipeline talks  News Report

* Tehran delivers gas ultimatum  News Report

* Iran denies rumors finance minister to quit  News Report

* Sanctions moves likely after Iran talks deadlock  News Report

* World powers move towards new Iran sanctions  News Report

* Iran faces new sanctions threat  News Report

* World powers push ahead with Iran sanctions  News Report

* Tehran pushes for end to delays on gas deal  News Report

* Iran defiant at new US sanctions  News Report

* U.S. imposes new sanctions on Iran's military  News Report

* U.S. to impose new sanctions on Iran  News Report

* Iran's 6-month non-oil exports fetched dlrs 7bn  News Report

* Iran Consulate encourages investment in Iran  News Report

* British Company Signs Contract on Highway Construction Project  News Report

* Iranian Trade Delegation Due in Moscow Tomorrow  News Report

* Iranian Economy Minister, CB Governor Leave for US  News Report

* Putin Renews Pledge to Support Iran  News Report

* How friendly is Russia to Iran?  News Report

* EU seeks to step up pressure on Tehran  News Report

* Respect Iran sanctions, US warns  News Report

* Iran’s Petropars to offer Venezuela drilling services  News Report


Iran denies rumors finance minister to quit
[ News Report]  [2008-04-05 09:56:52]
[Source: Reuters - 05/04/08]


TEHRAN (Reuters) - Iran's government denied on Saturday speculation the finance minister would be replaced, three weeks after an election brought in a parliament that is expected to be more critical of the country's economic policies.

Iranian media have in recent days cited rumors that Economy and Finance Minister Davoud Danesh-Jafari would step down, without giving a clear reason.

But, in the first official comment on the speculation, government spokesman Gholamhossein Elham told a news conference: "No changes at this ministry have been discussed."

The conservative government of President Mahmoud Ahmadinejad came to power in 2005 pledging to share Iran's oil wealth more fairly. But critics say profligate spending has further fuelled inflation, running at about 19 percent year-on-year.

Conservatives retained their clear majority in the Iranian parliament in a March 14 election but analysts expect the assembly to become more vocal in its criticism of Ahmadinejad's economic management ahead of next year's presidential election.

Iran has reaped windfall gains in recent years from the high oil price on world markets and says its economy grows by about 6 percent annually, despite tightening international sanctions on Tehran over its disputed nuclear plans.

Analysts, however, say the nuclear standoff is making foreign firms more wary of investing in the world's fourth-largest oil producer.

Ahmadinejad has called for the 2008-09 Iranian year, which began on March, to be a year of "economic transformation," according to Iranian media.

Last year, he changed the country's central bank governor as well as the oil and industry ministers.

(Reporting by Hossein Jaseb and Zahra Hosseinian; Writing by Fredrik Dahl; Editing by Tomasz Janowski)





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