Memoirs of Akbar Hashemi – March 2, 1994

Mr. [Mohsen] Nurbakhsh came. The work report of the investigation commission on the way of interfering in the market indicated that measures should be taken to control the exchange rate and Rial; There was no perfect result. It was decided to wait for the independent work of the central bank.

Mr. [Hamid] Mirzadeh, [Executive Vice President] came. While reporting on the reconstruction works, he insisted on getting a larger share of the reconstruction credits. He proposed the establishment of a research foundation. Mrs. [Shehla] Habibi, the adviser for women's affairs, came. He said to solve some of his work problems and support needs. He complained about the interference of others and demanded that the limits of duties and powers be defined.

Mr. [Mortaza] Al-Vairi, [Secretary of the Supreme Council of the Free Zones of the country] came. He gave explanations for the affairs of free zones and demanded to speed up the approval of regulations and facilities for gas delivery. Mr. Kamal Kharazi, [Permanent Representative of Iran to the United Nations] came. He expressed his happiness that the American pressure to isolate Iran was fruitless and we succeeded in solving the problem of outstanding debts with Germany, despite the opposition of the United States. He asked for my Nowruz message for Iranians abroad.

Dr. Adeli came. He brought the proposals of the central bank to control the price of currency and reduce the demand for currency. It was decided to be brought up in the evening meeting of the government board. In the evening meeting of the government board, we discussed the currency situation. It was agreed that the results of the negotiations should be taken into consideration in the meeting of the committee of paragraph three [budget law].

Office staff and their family members were my guests. After breaking the fast, I gave them a short talk. In the evening, the currency adjustment committee had a meeting with the presence of Mr. Adeli, Mohammad Khan, [Ibrahim] Shibani and [Yahya] Alashaq. It was decided to curb the growth of liquidity. Use of export invoice for import should be done late. Let's sell Bahar Azadi coins and also inject foreign currency amounts in the market. The head of the central bank should explain [to the people] the strength of the currency and solve the arrears and have enough currency in 2013 and prevent the entry and actions of government companies.