Speaking in a televised interview (IRIB), Madanizadeh said recent volatility in the rial had accelerated the government’s shift in currency and credit policy. He argued that the reforms would make the economy more predictable while minimizing the burden on households and producers.

The package builds on a 17-point framework approved by the government’s economic council. Measures include targeted credit support for working capital, prioritizing essential goods and industrial inputs, and the creation of foreign exchange funds for exporters and large manufacturers. These funds will issue murabaha bonds to attract capital, channeling resources into strategic industries. Officials say the approach is intended to boost foreign currency earnings while strengthening domestic investment capacity.

Madanizadeh stressed that the reforms are not limited to currency stabilization but also aim to protect household purchasing power and ensure producers can withstand external shocks. The National Credit Plan, he said, will provide direct support to families while encouraging job creation.

In parallel, the government is introducing a separate program to assist small and medium-sized enterprises (SMEs) that have shed jobs in recent months. By improving access to finance, policymakers hope to reduce unemployment and enhance the resilience of the private sector. “If reducing unemployment is the priority, financing SMEs must be at the center of our strategy,” Madanizadeh noted.