Pezeshkian: Economic Reforms Will Not Stop Even Under Wartime Conditions

Iranian President Masoud Pezeshkian outlined the government's economic program on Saturday, August 8, 2026 (17 Mordad 1405), according to Ecoiran, naming energy supply imbalances, subsidy system reform, restructuring the banking network, privatization, administrative reform and the development of transport corridors as the main pillars of the government's economic reforms. He stressed that structural reforms would not stop even under wartime and sanctions conditions. According to Pezeshkian, the government's goal with these reforms is to reduce rent seeking, raise productivity and move toward economic justice. The remarks came the same day the central bank governor also discussed the bank's measures for managing the economic fallout of the war and a possible naval blockade. The published report did not provide further detail on a timeline or implementation mechanism for any of the pillars.