Iran Economy NewsIran Media Reports on Economic Crisis

Iran Media Reports on Economic Crisis

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Iranian state-run media ran several pieces on Saturday, just one day after the heavily boycotted presidential election, about the economic crises that keep getting worse.

The Setar-e Sobh wrote that most Iranians suffer from “poor economic conditions”, with 25 million or 30% living below the poverty line. The news outlet explained that the people’s living conditions have gotten worse over time.

Of course, the economic crisis was caused by the officials’ corruption and plundering over the past 40 years. The trouble is that new President Ebrahim Raisi has no intention to resolve the issues because he is part of the problem.

The Resalat daily wrote: “Improper sale of debt securities, compensation of budget deficit from pledged assets, hasty transfer of the country’s infrastructure industries to known and unknown persons, and above all, reduction of public participation and [officials’] plundering of national wealth have destroyed the public’s trust. It has also caused the greatest damage to the system, and its effects last for years.”

This again shows that the ruling system is at the heart of the country’s financial problems and that officials from within the system would not fix it.

Meanwhile, the Aftab-e Yazd daily wrote about how the mullahs’ institutionalized corruption wrecked the economy, stating that the political economy model endorsed by the mullahs gives some politicians “many advantages” and “tremendous power”, with them “abusing their responsibilities”.

The article read: “These officials, to maintain their power and political advantage, need to blame the people’s poor situation and underdevelopment on internal and external enemies. They blame their inefficiency and totalitarianism, and monopoly in all areas, especially in the field of bread, housing, and employment, on enemies.”

The Iranian economy is dominated by the Revolutionary Guards (IRGC) and officials profiting from plundering the people, even though the mullahs and their apologists attempt to blame international sanctions.

Aftab-e Yazd wrote: “No one dares to make the cycle of market and capital prosperity easy. Because the financial and economic mafias do not allow anyone to use the science of economics for using the amazing and powerful potential in Iran… The seizure and control of resources always requires inflammation and tension in domestic and foreign policy, and undoubtedly reflects the unfavorable economic situation and instability and calm in international relations, and social, cultural, and political policies are born from this strategy.”

The Iranian Resistance explained that the mullahs’ malign policies, including terrorism and nuclear weapons, are destroying the economy.

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