Economy minister blasts World Bank for political approach towards Iran

TEHRAN (FNA)- Iranian Economy Minister Ali Tayyebnia lashed out at the World Bank for its political approach towards his country as a pessimistic element threatening whole region.

“The World Bank and the International Monetary Fund (IMF) are expected to help the member states attain their goals and developmental policies,” Tayyebnia said, addressing a meeting of the IMF in Washington on Saturday.

“Adoption of political views in interactions with the Islamic Republic of Iran seriously damages the World Bank’s credibility and strongly disappoints the entire region,” he added.

Tayyebnia called on the World Bank to compile and implement a strategic plan as a first step in cooperation with the Islamic Republic of Iran based on a new approach.

Tayyebnia and Governor of the Central Bank of Iran Valiollah Seif are in Washington to participate in the 2014 annual meeting of the IMF and the World Bank Group.

The 2014 Annual Meetings of the International Monetary Fund and the World Bank Group are being held in Washington, D.C. from October 10th to 12th.

Economic conferences in the presence of senior officials from the International Monetary Fund and the World Bank Group, the meeting of economy ministers of member states, the 29th meeting of International Monetary and Financial Committee and the meeting of Development Committee top the agenda of the event.

By Fars News Agency


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