Central Bank of Iran Governor Abdolnaser Hemmati said the government has no funds, telling those who request money: 'Sorry, we don't have any,' according to an Iranian news channel.
Central Bank of Iran Governor Abdolnaser Hemmati stated on Thursday that the government has no funds to distribute, telling those who request money: "Sorry, we don't have any." The admission comes hours after Hemmati earlier confirmed that Iranian oil exports have completely stopped — the first high-level acknowledgment of the effectiveness of the US naval blockade, as The Zioneer reported at 00:02 Jerusalem Thursday.
The earlier report, based on a Telegram update, marked a sharp escalation in the regime's public acknowledgment of its economic crisis. Hemmati's latest remarks, reported by the Iranian channel Hadshot Iran, reinforce the trajectory: from admitting the cessation of the country's primary revenue stream to stating that the treasury is effectively empty. The sequence underscores the deepening fiscal pressure on Tehran as it faces severe inflation and international sanctions.
The Zioneer has previously reported on Iran's economic vulnerabilities. On Tuesday, June 23, President Donald Trump publicly listed hunger, food and medicine shortages, and 300% inflation in Iran. On the same day, Hemmati himself rejected any obligation to purchase US agricultural goods with unfrozen funds, as reported by The Zioneer. Israeli Prime Minister Benjamin Netanyahu stated on Friday, June 19 that "Iran has met despair" and that no cash would be transferred to Tehran. Earlier, on Wednesday, June 10, an IRGC commander demanded immediate cash payment for any nuclear deal.
Hemmati's statements are direct and on-record, but they leave open critical questions. It is not yet clear whether these admissions are part of internal positioning ahead of continued negotiations, or whether they signal an imminent collapse in the regime's ability to fund its operations. The exact state of Iran's cash reserves and foreign currency holdings remains undisclosed.
2 developments
- StrongIran's Central Bank Chief Says Funds From Oil Sales Will Be Under Bank's Control
- DevelopingIran’s central bank chief: We are not committed to buying US agricultural goods
- DevelopingIran central bank chief reveals $12B in frozen funds to be unlocked under US deal
- DevelopingNetanyahu: 'Iran met despair' as 60-day deadline looms, no cash will be paid
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