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With the regime’s disastrous policies, despair looms large over growing unemployed in Iran

With the regime's disastrous policies, despair looms large over growing unemployed in IranNCRI – The rate of unemployment in Iran is increasing year by year and it is expected that there will be more people joining the ranks of the unemployed in the coming years. Although official statistics are not reliable, they still show a growing trend with no end in sight. The regime’s Majlis (Parliament) Research Center confirmed in a report that the rate of unemployment has never hit single digits in the past several years. With increasing international sanctions, a tattered economy, and disastrous economic policies adopted by the government of Mahmoud Ahmadinejad, experts believe it is impossible for the regime to try to reduce the number of unemployed in Iran.

It is estimated that the Ahmadinejad government owes about $127 billion to various domestic and foreign institutions.

The situation has exacerbated the already deepening fissures within the regime. The infighting has even engulfed factions tied to Ahmadinejad and the regime’s Supreme Leader, Ali Khamenei. In recent weeks, Ali Larijani, the Majlis Speaker, Mohammad Reza Bahonar, Deputy Chairman of the Majlis Audit Committee, and Hassan Aboutorabi, the Deputy Speaker, attacked Ahmadinejad’s economic policies.

Aboutorabi revealed recently that the regime is so desperate that it had to buy the required equipment for a $1.2 billion project for manufacturing drugs, called Minou Gel, from the United States.

Although Ahmadinejad had planned for an 8 percent economic growth, state-run institutions have confessed that in fact growth did not surpass 1.5 percent by the end of last year.