Memoirs of Akbar Hashemi – July 6, 1992

Dr. [Mohammed Hossein] Adeli, [President of Central Bank] and [Ebrahim] Shibani, his deputy, came. They reported about liquidity and inflation and the growth of the gross national product. They announced the growth of production in 1370 as 9.9%. They said it was more than expected. They expressed concern about the growth of liquidity and requested that we not put too much pressure on the banks to give credits and facilities in order to curb liquidity. I said that to the extent that policies to adjust and raise exchange rates demand Rials, we should give Rials.

Dr. [Abbas] Shibani, [Tehran's representative] came. It was not important. Mr. [Javad] Ajey, [Cultural Advisor to the President] came. He gave the report of his trip to Mecca and expressed his satisfaction with the performance of the mission and the quality of the Hajj. He asked us not to accept the resignation of Mr. [Syed Mohammad] Khatami, [Minister of Islamic Culture and Guidance].

The weather became very hot. We have water and electricity cuts in many places. Mr. [Mohammed Mohammadi] Ray Shahri, [representative of the religious jurist and supervisor of Iranian pilgrims] and his colleagues came in the mission. they reported I encouraged them and suggested that next year we take some of the actual cost of Hajj and regulate the use of meat from the sacrifices.

In the evening, the Economic Council had a meeting. The final stages of decision-making about competitive and floating government productions were done. Mr. [Abdul Hossein] Vahaji, [Minister of Commerce] came and expressed concern about the rumors of cabinet changes, which I said was not true. We decided to announce. I came home at night. Fati had prepared dinner.