(MENAFN) Iran is gearing up for presidential elections scheduled for June 28, following the tragic death of former President Ebrahim Raisi in a plane crash on May 19. Despite perceptions that the Iranian presidency holds limited power on global issues like foreign policy, national security, and the nuclear program, the role remains crucial in shaping domestic policies that directly impact citizens' lives.

The Iranian president wields significant authority in appointing the Council of Ministers and heads of state institutions, influencing key aspects of governance and policy implementation within the country. Moreover, the president shoulders responsibility for tackling economic challenges, particularly critical amid ongoing sanctions affecting Iran's economy.

Former President Raisi's tenure underscored the pivotal role of economic management in presidential success, inheriting a nation grappling with economic stagnation, soaring inflation rates, currency depreciation, widening social disparities, and significant stock market declines. These issues are pivotal considerations for the upcoming elections, where six candidates have been authorized to contest, primarily representing the conservative spectrum. Among them, Mohammad Bagher Ghalibaf, the current speaker of parliament, stands as a leading contender for the presidency.

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