Government Declares Meter-Interest Loan Documents Illegal Following Agreement

A week ago, the government and the struggle committee of meter-interest victims reached a 9-point agreement. Based on that agreement, the Council of Ministers has also decided to declare all types of meter-interest related transactions and documents illegal.

What is the legal status of this government decision? Will moneylenders be curbed now? What should the state and financial institutions do to solve the problem of meter-interest from the root?