{"id":228026,"date":"2020-10-16T16:11:49","date_gmt":"2020-10-16T15:11:49","guid":{"rendered":"https:\/\/www.ncr-iran.org\/en\/?p=228026"},"modified":"2023-02-01T05:39:23","modified_gmt":"2023-02-01T04:39:23","slug":"silent-death-of-irans-economy-sanctions-or-mismanagement-which-to-blame","status":"publish","type":"post","link":"https:\/\/www.ncr-iran.org\/en\/news\/economy\/silent-death-of-irans-economy-sanctions-or-mismanagement-which-to-blame\/","title":{"rendered":"Silent Death of Iran\u2019s Economy: Sanctions or Mismanagement, Which To Blame?"},"content":{"rendered":"

\"Iran's<\/p>\n

Iran\u2019s economy is collapsing. The mullahs\u2019 regime and its apologists consider sanctions as the real damaging factor. But state-run media and economists identify mismanagement as the real problem of Iran\u2019s economy.<\/p>\n

Sanctions coupled with four decades of economic mismanagement in Iran have decreased the value of Iran\u2019s currency, in what is the silent death of Iran\u2019s economy.<\/p>\n

\u201cThe degradation of the national currency is a silent death for the economy of any country and that has happened in Iran. Unfortunately, the government’s economic team has turned a blind eye to this fact,\u201d wrote<\/a> the state-run Seday-e Eslahat, an outlet close to the faction of the regime\u2019s president, Hassan Rouhani, on October 15.<\/p>\n

When the mullahs\u2019 regime signed the 2015 Iran nuclear deal with world powers, also known as the Joint Comprehensive Plan of Action (JCPOA), billions of dollars were given to the regime. Yet, the mullahs used this huge amount of money to fund their proxy terrorist groups. As a result, more people became poor. The unbridled inflation rate and high prices initiated the first series of nationwide Iran protests<\/a> in January 2018. People were chanting \u201cLet go of Syria, think of us\u201d in the face of the mullahs\u2019 costly support of Bashar-al Assad\u2019s dictatorship since 2011.<\/p>\n

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\u201cIran\u2019s Year of Uprising\u201d<\/div><\/div>
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