{"id":236370,"date":"2021-03-15T09:39:37","date_gmt":"2021-03-15T14:39:37","guid":{"rendered":"https:\/\/www.ncr-iran.org\/en\/?p=236370"},"modified":"2023-02-01T05:03:43","modified_gmt":"2023-02-01T04:03:43","slug":"facts-and-figures-show-how-mullahs-have-destroyed-irans-economy","status":"publish","type":"post","link":"https:\/\/www.ncr-iran.org\/en\/news\/economy\/facts-and-figures-show-how-mullahs-have-destroyed-irans-economy\/","title":{"rendered":"Facts and Figures Show How Mullahs Have Destroyed Iran\u2019s Economy"},"content":{"rendered":"

\"facts-and-figures-show-how-mullahs-have-destroyed-irans-economy\"<\/a><\/p>\n

While Iran’s economy suffers and people struggle to make ends meet, the regime continues its wrong economic policies. However, to quell society and deceive people, the regime’s officials announce false statistics or take wrong actions. The facts and figures below confirm this fact.<\/p>\n

Abdolnasser Hemati, the regime’s Central Bank chief, recently announced that “the country is out of economic recession.” Hemati referred to the so-called economic growth over the summer and autumn of last year, reaching 3.9 percent.<\/p>\n

Yet, a week ago, the regime’s Statistic Center, while trying to hide the real figures of Iran’s devastated economy, announced that the economic growth had been less than 1 percent. The center reported that economic growth with oil export in the fall of 2020 was positive at 0.8%, and economic growth without oil export was positive at a rate of 0.2 percent. It does not reach even one percent.<\/p>\n

The International Monetary Fund had predicted in its latest report that GDP growth in 2020 compared to 2021 would decrease by 5%. The same international organization had reported that Iran’s economy has shrunk by 6.5% and 5.4% in 2018 and 2019, respectively.<\/p>\n

At the beginning of the winter, the World Bank said that Iran’s economic growth in 2019 was negative 3.7%, and this year this figure is expected to be 1.5% positive. The World Bank’s statistics align with the International Monetary Fund’s findings, underlining that Iran’s economy under the mullahs’ regime has shrunk by 16.5% in the last three years.<\/p>\n

The fact that Iranian people are grappling with poverty and the daily protests by all walks of life due to harsh economic conditions are testaments to Iran’s devastated economy.<\/p>\n

One of the aspects of Iran’s destructed economy is the rising inflation rate and liquidity growth. One of the main reasons for the skyrocketing prices and inflation is the government’s economic policies, such as compensating its budget through banknotes and stimulating liquidity growth.<\/p>\n

<\/div>
How the mullahs destroyed Iran's economy<\/div><\/div>
<\/div>
<\/div>
<\/div><\/div><\/div>