In his proposed budget for the upcoming Iranian calendar year, the Iranian regime’s president, Hassan Rouhani, has used the exchange rate of 42,000 rials per U.S. dollar for calculating the income from imports of essential products and medicines. According to the government’s spokesperson, around $10 billion of presumed oil revenue is allocated to these imports.
News: Iran Economy
Institutionalized corruption and embezzlement have an inextricable link with the mullahs' dictatorship in Iran
Institutionalized corruption and embezzlement have an inextricable link with the mullahs' dictatorship in Iran. However, what is new is the courageous uprising of the Iranian youth, which has made the regime's internal factions, in awe of the people's rage, expose each other's looting and point to the other faction as the cause of corruption.
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.