{"id":20307,"date":"2016-05-06T18:18:46","date_gmt":"2016-05-06T17:18:46","guid":{"rendered":"https:\/\/www.ncr-iran.org\/en\/issues\/economy\/20307-rise-in-inflation-in-iran-as-excess-15-billion-of-notes-printed"},"modified":"2023-01-16T05:24:11","modified_gmt":"2023-01-16T04:24:11","slug":"rise-in-inflation-in-iran-as-excess-15-billion-of-notes-printed","status":"publish","type":"post","link":"https:\/\/www.ncr-iran.org\/en\/news\/economy\/rise-in-inflation-in-iran-as-excess-15-billion-of-notes-printed\/","title":{"rendered":"Rise in inflation in Iran as excess $15 billion of notes printed"},"content":{"rendered":"<p><img decoding=\"async\" title=\"rise-in-inflation-in-iran-400\" class=\" size-full wp-image-45841\" src=\"https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/sites\/2\/2016\/05\/rise-in-inflation-in-iran-400.jpg\" alt=\"rise-in-inflation-in-iran-400\" width=\"400\" height=\"250\" srcset=\"https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/2016\/05\/rise-in-inflation-in-iran-400.jpg 400w, https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/2016\/05\/rise-in-inflation-in-iran-400-300x188.jpg 300w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/p>\n<p>NCRI &#8211; &#8220;Does the government hear the warning signal of rising inflation?&#8221; was the headline of an article published on Monday, May 2, by the Iranian state-run newspaper &#8220;Mashregh.&#8221;<\/p>\n<p>The article makes astounding admissions about the Iranian regime\u2019s economic crisis including the staggering rate of inflation under Hassan Rouhani\u2019s government.<\/p>\n<p>The article states: &#8220;In November last year, the Central Bank published the statistics of the monetary base with a few months\u2019 time delay. These statistics show that the level of inflation-riddled note printing soared to more than 460 trillion Rials (U.S. $15.2 billion) since the 11th government (Rouhani\u2019s administration) came into office. According to statistics revealed by the Central Bank of Iran, at the beginning of the 11th Government (September 2013) the monetary base stood at 960 trillion Rials ($32 billion), and in the 26 months that this government has been in office the amount has reached 1430 trillion Rials ($47 billion).&#8221;<\/p>\n<p>This state-run daily adds, Rouhani has repeatedly stated that \u201can increase in the monetary base is like a forbidden fruit. \u2026 However, it seems that genuine statistics and information are not truly presented to Rouhani and he believes that the monetary base has not grown much during the 11th government\u2019s time in office. While the government claims to prohibit any monetary base increase rate, the statistics revealed by the Central Bank signify that the rate of monetary base has been increased to an amount of 460 trillion Rials (U.S. $15.2 billion) by the government. Thus the economic authorities must respond to this question: \u2018Where did they spend the 460 trillion Rials?\u2019&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NCRI &ndash; &ldquo;Does the government hear the warning signal of rising inflation?&rdquo; was the headline of an article published on Monday, May 2, by the Iranian state-run newspaper &ldquo;Mashregh.&rdquo; The [&#8230;]<\/p>\n","protected":false},"author":10,"featured_media":45841,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[175],"class_list":["post-20307","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-updated"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rise in inflation in Iran as excess $15 billion of notes printed - NCRI<\/title>\n<meta name=\"description\" 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