News: Iran Economy
Brian Hook- The U.S. Special Representative for Iran- Brian Hook, overseas the United States State Department’s “Iran Action Group”
The Iranian regime has started to reduce its obligations under the 2015 Iran nuclear deal with world powers, formally known as the Joint Comprehensive Plan of Action (JCPOA), while at the same time claiming to have improved the value of the national currency and the economic situation over the past year.
Faced with a bankrupt economy due to international sanctions over its illicit WMD and terrorist activities, Iran's regime faces a stark choice: Either it can stop wasting the nation's precious wealth on its regional aggressions or it can raise funds by increasing taxes and reducing services for an already impoverished nation. The regime has chosen the latter.