Iran Economy NewsA Prediction for Iranian People’s Situation This Year

A Prediction for Iranian People’s Situation This Year

-

Due to the Iranian government’s plundering and its institutionalized corruption, the livelihood of the people is getting worse year by year. And its result is the fall of most of Iran’s population under the poverty line, or as has been announced by its official media, the ‘food poverty line’.

The state-run daily Mostaghel on March 14, 2021 wrote: “The living conditions of different segments of society have fallen sharply. According to the report of the Statistics Center of Iran and information obtained from the per capita consumption of basic goods in the country, it shows the weakening and shrinking people’s livelihood. The main reason is high inflation in such goods.

“Commodities such as meat, poultry, fish, oil, rice, dairy products, etc., which are gradually being removed from the livelihoods of the middle and poor sections of society. Economic indicators cover most different areas of society such as lifestyle, employment, livelihood.

“Basic components such as poverty line, human development, hunger index, purchasing power, ease of doing business, per capita food consumption, unemployment rate, inflation rate, net and gross production, income inequality coefficient, quality of life index, etc., which are the factors that affect economic growth, are things that there are currently no measures for improvement, and there is no hope.”

The state-run daily Kayhan on March 17 wrote: “We are witnessing the fact that the country has faced a severe inflationary recession and employment is also the output of investment and economic growth, especially in the last two years, 2019 and 2020, the economy has shrunk by 12 percent.”

In July 2020, the International Monetary Fund said that the economic growth of Iran under the rule of the mullahs is negative 6 percent.

Referring to this subject the state-run daily Jahan-e-Sanat on February 18, 2021 pictured something worse and wrote: “The experience of three consecutive years of recession from 2018 to 2021 is also noteworthy. According to official statistics, Iran’s economic growth at the end of 2018 and 2019 was -9.4 and -7 percent, respectively.”

“This situation continued this year as well, as official statistics show a negative growth of 9.1 percent in the first six months of this year (2020).”

Liquidity growth of course is one of the clear indexes of an economical stalemate, which is growing year by year and its result for the country’s economy is more inflation.

The state-run daily Eghtesad News on March 7, 2021 wrote: “Estimates show that in the first 11 months of this year, an average of 2.48 trillion tomans has been added to the country’s liquidity.”

Previously on November 29, 2020, the state-run news agency Tasnim wrote: “Some economic estimations indicate that in 2018, one trillion tomans of liquidity was created daily, which in 2019 reached 1.6 trillion tomans per day and in 2020 is reached 2.6 trillion tomans.

“At the end of this year (2020-2021), it is predicted that the volume of liquidity will reach 3.4 trillion Tomans and at the end of [2021-2022], we will have more than 4.5 trillion Tomans of liquidity. In other words, with the continuation of the current situation in the economy, next year we will have a daily liquidity of 3.1 trillion tomans.”

Regarding the increase in prices and its pressure on the lives of the people, Hossein Kamali, a former member of parliament, said: “The goods that were produced or produced in the country were provided to the people at several times the price. In some goods, we had several times the price increase, and this increase in prices put pressure on the people and caused dissatisfaction among the people.” (ILNA, March 22, 2021)

The pressure of the burden of poverty, rising inflation, and the rising cost of goods on people is such that their main issue is no longer welfare, but to provide at least food to fill their empty tables.

“From a series of past and present events, one can make an approximate prediction of the events and conditions of the people in 1400 (2021-2022), although some of these events and predictions do not require any mental strength. For example, prices will continue to rise, and the coronavirus will continue. Inflation and high prices eliminated the middle class from society and only two rich and poor classes will remain in society.” (Arman daily, March 18, 2021)

Latest news

Treating Stagflation, Only by Restructuring Iran’s Economy

For the past century, revenue from the sale of Iran’s oil has filled the pockets of the dictatorships in...

Iran’s Suicide Cases on the Rise

As more Iranians, particularly women, feel increasingly helpless in the face of so many crises and societal issues, suicide...

80,000 Iranian Nurses Have Had Coronavirus

Over 251,000 Iranians have now died from coronavirus in Iran, according to the Iranian Resistance, while the Head of...

Iran: Civil Disobedience and Conflict With the State Norms

Corruption and fear of the people’s fury and protests are factors that Iranian officials and state media are warning...

Who’s in the Iran Presidential Race and Does It Matter?

Iranian supreme leader Ali Khamenei has long expressed his support for a “young and hezbollahi” government with a president in...

Iran Media Admits Cause to Economic Crisis

Hatred towards the Iranian ruling system has only increased due to the economic and social crises that the people...

Must read

President George W Bush backs Israeli plan for strike on Iran

Sunday Times: President George W Bush has told the...

US Must Support Regime Change in Iran

Iran Focus London, 20 Jun - Donald Trump’s attitude towards...

You might also likeRELATED
Recommended to you