Officials must accept that the economy is a science.
For several times, Raisi has promised that inflation will definitely decrease.
Hemmati, the former head of the Central Bank, tweeted in response to Raisi’s promise of inflation reduction, stating, ‘Mr. Raisi has once again stated that inflation will definitely decrease, starting from a promise, then becoming a single-digit inflation within 30 months. This promise has been repeated several times by the President.’
Officials must accept that the economy is a science and they should accurately identify the factors and shocks that lead to inflation and take effective measures to control it.