The chairman of Iran’s Privatization Organization Hossein Ghorbanzadeh previously said that about 525,000 properties have been registered in the SADA system and emphasized that naturally, this number must be much higher about the properties owned by the regime’s officials and their institutions, but they are not registering them and are hiding them from the public.
Less than four months after Ebrahim Raisi assumed the presidency in Iran, widespread nepotism has sparked criticism even among his own Principalist camp.
Iran is planning its next budget on the assumption that US economic sanctions will continue, but is forecasting more than one million barrels p/d oil exports.
Iran, Azerbaijan, and Turkmenistan have signed a trilateral gas swap deal for up to 2 billion cubic meters per year, Iranian media reported.
Critics say President Ebrahim Raisi’s wrong choice of officials will hurt efforts to attract foreign investment and is prompting talented Iranians to emigrate.
During a short TV show on November 10, political-economist Ata Bahrami speaks about the dire economic situation in Iran. The video was published on the state-run Tahririeh.ir website presents an example of the country’s critical conditions, particularly the government’s failure to manage the poultry price and public anger in this respect.
Inside the Iranian government, because of the centralization of the resources of the economic, financial, and armed forces which are under the control of the ruling circle, corruption is expanded and unbridled.
As the Iranian economy is in ruins, and more and more people are falling below the poverty line, instead of finding solutions to rectify the problems, the Iranian regime is too busy with internal disputes over who has the bigger share of power.
Iran’s oil industry is the bottleneck of the country’s economy. This is something that the regime has not been able to change over the past 43 years, and 85 percent of the country’s income relies on oil.
President Ebrahim Raisi’s top economic official says Iran has been “smuggling oil and bringing the dollars back secretly” because of “illegal” US sanctions.
The Chairman of Iran-China Chamber of Commerce has warned that Iran’s economy is at its “most dangerous historical point” in the past four decades.