Mahmoud Bahmani (born 2 January 1947, in Savojbolagh) is an Iranian politician and banker. He was the

Governor A governor is an politician, administrative leader and head of a polity or Region#Political regions, political region, in some cases, such as governor-general, governors-general, as the head of a state's official representative. Depending on the ...

of the

Central Bank of Iran The Central Bank of the Islamic Republic of Iran (CBI; ; SWIFT Code: BMJIIRTH), also known as ''Bank Markazi'', was established under the Iranian Banking and Monetary Act in 1960. It serves as the banker to the Iranian government and has the e ...

, appointed on 2 September 2008. His term as the Governor was ended on 2 September 2013 and he was succeeded by

Valiollah Seif Valiollah Seif (, born 1 January 1952) is an Iranian banker. He was the governor of the Central Bank of Iran from 2013 until 2018. Early life Seif was born on 1 January 1952 in Nahavnd. He gained his Bsc. and Msc. from Petroleum University of Tec ...

Career

President President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university *President (government title) President may also refer to: Arts and entertainment Film and television *'' Præsident ...

Mahmoud Ahmadinejad Mahmoud Ahmadinejad (born Mahmoud Sabbaghian on 28 October 1956) is an Iranian Iranian principlists, principlist and Iranian nationalism, nationalist politician who served as the sixth president of Iran from 2005 to 2013. He is currently a mem ...

appointed Bahmani to this position in September 2008 after dismissing then-Governor Tahmasb Mazaheri. Mazaheri had served in his office for about one year. The changeover took place shortly after a decision by the

to raise the interest rate on deposits, which was intended to the accelerating inflation rate. There was tension between government officials who favored an expansionary monetary policy despite the inflation and bankers who sought to contain it. Gholamreza Mesbahi-Moghadam, a key figure in the Majlis' Economic Commission, opposed Bahmani's appointment and the past dismissal of Mazaheri. On 28 February 2009, Bahmani vocally criticized other financial institutions for the large injections into their currency supplies to fight the

global economic recession A global recession is a recession that affects many countries around the world—that is, a period of global economic slowdown or declining economic output. Definitions The International Monetary Fund defines a global recession as "a decline ...

. He said, "the United States of America and some major European countries, they ratified economic stimulus packages and injected thousands of billions of dollars into their economies that would increase inflation in the world in the near future". He also asked the

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...

and

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to give more support to developing countries. In the International Monetary Fund Spring Meeting from April 25–26 in

Washington, D.C. Washington, D.C., formally the District of Columbia and commonly known as Washington or D.C., is the capital city and federal district of the United States. The city is on the Potomac River, across from Virginia, and shares land borders with ...

, Bahmani served as the representative of the group of 24

developing countries A developing country is a sovereign state with a less-developed Secondary sector of the economy, industrial base and a lower Human Development Index (HDI) relative to developed countries. However, this definition is not universally agreed upon. ...

, which is known as ' G-24'. In his term, Bahmani came up with differing estimates of inflation compared to Ahmadinejad, with the former giving 14 percent and the latter 25.4 percent from 2007 to 2008. After the figures became part of the political dispute between Ahmadinejad and his rival

Mir Hossein Mousavi ''Mir'' (, ; ) was a space station operated in low Earth orbit from 1986 to 2001, first by the Soviet Union and later by the Russian Federation. ''Mir'' was the first modular space station and was assembled in orbit from 1986 to 19 ...

in the 2009 Presidential election, Bahmani threatened to resign if his estimations were disputed.

References

External links

Central Bank of Iran (in English)
{{DEFAULTSORT:Bahmani, Mahmoud 20th-century Iranian economists 1947 births Living people People from Alborz province Popular Front of Islamic Revolution Forces politicians Governors of the Central Bank of Iran 21st-century Iranian economists

Career

See also

References

External links