Iranian Foreign Affairs Commentator and research analyst Cyrus Yaqubi have written an op-ed about the Iranian economy, where he spoke about how the crisis has been made worse under each subsequent president and advised that the problems have not been caused by sanctions but rather by the mullahs’ actions.
Online media outlets in Tehran including the proreform news website Fararu and conservative website Tabnak warned in recent days that Iran’s next government is likely to face unprecedented inflation, even higher than the current official 44 percent recently announced by the Statistical Center of Iran for mid-June to Mid-July.
Iran’s incoming president Ebrahim Raisi, who will be sworn in on Aug. 5, has made many promises regarding economic issues — surpassing 50 in total so far. Although his electoral platform lacked any details clarifying how he would fulfill his promises, they still symbolize more than 50 problems and challenges that the incoming government will face
Because of the destruction of the eight-year Iran-Iraq war which destroyed Iran’s southwestern Khuzestan province the other border provinces, and the aftercoming ignorance of the regime’s officials to rebuild these provinces, there is no room for life and no possibility for it to flourish. But the tragedy had just begun. The Revolutionary Guards (IRGC) and other organizations of the regime pursued nefarious goals and sinister plans for this part of Iran.
Late last week, Ebrahim Raisi, who will take over as President next month, held a meeting with the regime’s economists, from which economist Massoud Nili’s short speech was the most alarming.
Iran earned nearly $ 1,377 billion in oil sales during the forty years after the anti-monarchy revolution. About $700 billion was earned during Ahmadinejad’s presidency. However, when Ahmadinejad’s eight-year term ended, he left nothing but a ruined, bankrupt, and devastating economy.
The outgoing president of Iran on Thursday inaugurated a 1000-km oil pipeline that allows for the export of crude from the port of Jask on the Oman Sea coast, calling it the most important project carried out during his two terms over the past eight years.
A Chinese logistics firm has emerged as a central player in the supply of sanctioned oil from Iran and Venezuela, even after it was blacklisted by Washington two years ago for handling Iranian crude, seven sources with knowledge of the deals told Reuters.
Iran has opened its first oil export terminal outside the strategic Strait of Hormuz, a chokepoint patrolled by warships of its arch foe the US, President Hassan Rouhani announced Thursday.
These days Iran’s people are suffering from many disasters that the regime gifted them. From poverty and unemployment to the power outage and now water scarcity in most areas of the country and the worst-hit Khuzestan province.
The Iranian economic crisis, caused solely by the mullahs’ corruption and failed policies, is now at a critical point as President Ebrahim Raisi prepares to take office, according to the state-run media.