Iranian parliament removes finance minister from office

BEIRUT (Reuters) – The Iranian parliament voted on Sunday to remove the minister of economic affairs and finance, Masoud Karbasian, from office, state media said, following a sharp fall in the rial currency and amid a deterioration in the country’s economic situation.

The move was the latest in a continuing shakeup of top economic personnel as the United States reimposes economic sanctions on Iran over its nuclear program and other issues.

In early August Iranian lawmakers voted out the minister of labor and last month President Hassan Rouhani replaced the head of the central bank.

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