On Jan. 4-5, Tehran hosted the most significant economic conference held in Iran since 1979, with President Hassan Rouhani, his economic team and 1,500 economists focusing on the economic hardships that have surfaced in recent years.
The need for restructuring the banking system was among major issues discussed in the two-day event, while top monetary officials on the second day of the conference called on the commercial banks to be selective when offering loans.