Per Capita Income Conditions in Iran No Different From War-Torn Syria

NCRI - The state-run Aftab-e Yazd daily, affiliated with the faction loyal to Iranian President Hassan Rouhani, issued a post shedding important light on Iran’s economic conditions.

“There has never been an election in Iran where the candidates have not promised better living conditions,” the piece reads.

Read more: Per Capita Income Conditions in Iran No Different From War-Torn Syria

Iran: 70% of Factories Have Been Shut Down in Iran

NCRI - Chairman of the House of Industry Mines and Trade of Iran, Wahab Sahlabadi, said that "only 30 percent of manufacturing units in Iran are active and the remaining 70 percent have been closed or are operating well below capacity."

According to the terrorist Quds Force news agency, known as Tasnim, Seyyed Abdul Wahab Sahlabadi, pointed out that debt of manufacturing units in Iran is getting heavier and no one thinks about a strategy in this area, and said: "Today in total 30% of production units are active that shows that 70 percent of the production units closed or are operating well below capacity.”

Read more: Iran: 70% of Factories Have Been Shut Down in Iran

Iran: Even One Million New Jobs a Year Will Not Change the Unemployment Rate

NCRI - The Iranian regime’s Parliament on Sunday April 23, hold a closed-door session to address the issue of unemployment, in this meeting Ministers of Cooperatives, Labor and Social Welfare and the head of Parliament’s Research Center admitted that if even every year one million jobs are created, the unemployment rate will not change until 2021.

The state run ‘Mehr news agency’ quoted a representative whose name is not mentioned, that the Minister of Labor reported the number of unemployed in the country is over 3,200,000 people.

Read more: Iran: Even One Million New Jobs a Year Will Not Change the Unemployment Rate

Iran Regime's 'Presidential Election' and Absurd Promises

NCRI - A tasty rumor for teachers was released just before the start of the new Persian year (March 2017), according to which a $150-$220 increase in their salaries was awaiting them.

Regarding the $150-$220 increase in teacher salaries, Mansour Mojaveri, Director-General of Planning and Budget in regime’s Ministry of Education, had said January this year “the establishment of teachers payment system is included in one of the provisions of the sixth development program, which should be formulated and applied after the program is communicated”, according to Revolutionary Guards’ Fars news agency.

Read more: Iran Regime's 'Presidential Election' and Absurd Promises

Iran: Widespread Financial Corruption in Judicial Branch

NCRI - In reaction to remarks made a few days ago by regime’s MP ‘Mahmoud Sadeghi’ about the ‘astronomical salaries’ paid in the judicial branch, regime’s head of judiciary has accused Sadeghi of acting in line with the attacks made by enemies from abroad.

According to state-run IRNA news agency, Sadegh Larijani claimed on Monday April 17 that “over the past few years, the judiciary has been faced with severe attacks by enemies, and unfortunately some from inside.”

Read more: Iran: Widespread Financial Corruption in Judicial Branch

Iran: The Largest Bicycle Factory Manufacturing Comes to a Still Stand

NCRI - According to Tasnim News Agency Online, Asak bicycle manufacturing factory in Ghochan, which was one of the largest bicycle manufacturing in the Middle East and a place for creation of employment for many people in that region, officially closed on April 17th, 2017.

Read more: Iran: The Largest Bicycle Factory Manufacturing Comes to a Still Stand

MP Shedding Light at Iran's Automotive Industries "Mafia"

NCRI - An Iran parliament member of Industries and Mines Commission reported that Iran's automotive industry’s "mafia" is "jeopardizing the citizens’ safety and welfare.”

Javad Hosseinikia of Industries and Mines Commission reported on a meeting held with members of the auto-manufacturing industry on Tuesday, April 18, 2017.

Read more: MP Shedding Light at Iran's Automotive Industries "Mafia"

Iran: Major Class Division Due to Corruption & Systematic Plundering

NCRI - In Iran economic inequality and class divisions has reached a point that many economic experts have literally divided all people into those who possess property and those who truly don’t possess any property at all. As a result, Iran has no middle class.

“Published statistics show that in recent years the financial power of the rich has increased in comparison to the power of the poor, under a variety of indexes,” according to the state-run Tasnim news agency.

Read more: Iran: Major Class Division Due to Corruption & Systematic Plundering

Iran Regime's Largest Bank (Saderat) Likely to Be Delisted From Stock Market

NCRI - Following its 282 percent loss in the stock exchange, it’s now more likely that Iranian regime’s Saderat Bank be delisted from the market and relegated to off-exchange trading, while the bank’s investors are blocked from trading the bank shares.

According to state-run ‘Nasim Online’ news agency, after Saderat Banks shares fell 282 percent in the last month of previous Persian year (March 2017), the possibility of the bank being delisted from the stock exchange and transferred to off-exchange market has strengthened. The bank shares fell following a disagreement between the Auditing Organizations and the Central Bank over Saderat Bank’s balance sheet.

Read more: Iran Regime's Largest Bank (Saderat) Likely to Be Delisted From Stock Market

Iran news in brief

Iran: Tehran's Iconic High-Rise (Plasco Building) Collapsed Due to Fire

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