{"id":242265,"date":"2021-06-28T08:35:32","date_gmt":"2021-06-28T13:35:32","guid":{"rendered":"https:\/\/www.ncr-iran.org\/en\/?p=242265"},"modified":"2023-02-08T16:19:32","modified_gmt":"2023-02-08T15:19:32","slug":"will-irans-regime-resolve-economic-crises-after-sham-election","status":"publish","type":"post","link":"https:\/\/www.ncr-iran.org\/en\/news\/economy\/will-irans-regime-resolve-economic-crises-after-sham-election\/","title":{"rendered":"Will Iran\u2019s Regime Resolve Economic Crises After Sham Election?"},"content":{"rendered":"

\"NCRI-poverty-and-mullahs-corruption\"<\/p>\n

The Iranian regime\u2019s sham presidential election<\/a> ended on June 19. The notorious Ebrahim Raisi<\/a> was appointed as the regime\u2019s new president<\/a>. Like other regime officials, he spoke of economic reform. But facts and figures presented by the state media debunk Raisi\u2019s bogus claims.\u00a0<\/span>\u00a0<\/span><\/p>\n

Due to the regime\u2019s institutionalized corruption and wasting the national wealth on terrorism, Iran\u2019s economic crises have deepened. Moreover, the current economic crises have amplified during the Covid-19 outbreak<\/a> due to the lack of governmental support of industries.\u00a0<\/span>\u00a0<\/span><\/p>\n

\u201cPublished reports on the living conditions of the people show that more than 60 to 70% of the people\u00a0can not\u00a0afford to buy meat and poultry. According to the owners of many butcher shops, most people go to buy only bones and wastes,\u201d wrote the state-run Eghtesad-e Pouya daily on June 27, 2021.\u00a0<\/span>\u00a0<\/span><\/p>\n

\u201cThe high unemployment rate, especially among youth, has led to deficient levels of payments in the labor law, and in fact, the standard of living of workers is equal to that of the poorest countries in Africa,\u201d Eghtesad-e Pouya acknowledged. <\/span>\u00a0<\/span><\/p>\n

According to Eghtesad-e Pouya, the low wages have caused \u201cHeads of households who have lost their jobs or do not have a job, to accept jobs with even lower wages than the minimum wage adopted under the labor law.\u201d\u00a0<\/span>\u00a0<\/span><\/p>\n

\u201cIran\u2019s Chamber of Trade Unions says about 1.4 million trade unions have been directly affected by the Covid-19 crisis. In the agricultural sector, farmers\u2019 incomes have fallen by an average of nearly eight percent, and agricultural exports have fallen by at least 10 percent,\u201d Eghtesad-e Pouya adds.\u00a0<\/span>\u00a0<\/span><\/p>\n

As a result, according to Eghtesad-e Pouya\u2019s article on Thursday, \u201cIn total, just over 50 percent of Iran\u2019s GDP is in the service sector, and losses in this sector are typically negligible. Therefore, there would be no compensation in the coming months.\u201d\u00a0<\/span>\u00a0<\/span><\/p>\n

In addition, Eghtesad-e Pouya acknowledged that according to the \u201cParliamentary Research Center, between 2.8 million and 6.4 million people in Iran had lost their jobs due to the complete halt or restriction of the activities of production and service units due to the Covid-19 crisis.\u201d\u00a0<\/span>\u00a0<\/span><\/p>\n

Meanwhile, according to the state-run Jahan-e Sanat daily on Sunday, \u201cFrom the second half of last year until the end of this spring, the inflation rate has been continuously increasing. Consequently, the purchasing power of the people has been decreasing. According to the Statistics Center, the latest inflation rate of June reached 43%. Thus, considering the average 34% increase in salaries, it can be said that despite this increase, the purchasing power of employees is much lower than the inflation rate.\u201d<\/span>\u00a0<\/span><\/p>\n

The state-run Etemad daily on Sunday acknowledged that \u201cspeaking of monthly inflation increase makes no sense. The rising inflation rate per week or even daily is more noticeable. Inflation, which is breaking its 27-year record, signals unfortunate events.\u201d\u00a0<\/span>\u00a0<\/span><\/p>\n

Iranian people are suffering from economic crises while Iran is a rich country in terms of natural resources.\u00a0<\/span>\u00a0<\/span><\/p>\n

\"Weekly-Signe-up-logo-1\"<\/a><\/p>\n

\u201cThis difficult and unfortunate situation is very painful for the people who live in a country that is rich in various types of oil and gas resources, various metal mines, and other God-given gifts,\u201d Eghtesad-e Pouya wrote on Sunday in this regard.\u00a0<\/span>\u00a0<\/span><\/p>\n

Therefore, protests by people from all walks of life have increased in the last few months. The recent nationwide of Iran\u2019s oil and petrochemical workers, in addition to daily protests by other segments of society, shows the explosiveness of Iran\u2019s society.\u00a0<\/span>\u00a0<\/span><\/p>\n

These protests are being held after the nationwide and historic boycott of the regime\u2019s sham election, showing that people do not believe the regime could resolve their issues and is indeed the real source of all crises.\u00a0<\/span>\u00a0<\/span><\/p>\n

Society\u2019s restiveness has terrified the regime, and state-run media warn about the consequences of the economic crises.\u00a0<\/span>\u00a0<\/span><\/p>\n

\u201cThe living problems and the lack of minimal economic and social security cause people to participate in rallies to pursue their demands. We have always seen in the history of this land and other nations that the crisis of poverty and hunger does not tolerate [systems]. Therefore, the officials and decision-makers of the system are expected to give real solutions besides telling people to eat one meal a day; so that the people can survive under the pressure of poverty and hunger and have more resilience,\u201d Eghtesad-e Pouya warned regime officials on Sunday.\u00a0<\/span>\u00a0<\/span><\/p>\n

\u201cInflation, while seemingly an economic issue, will have social, cultural, and even political consequences over a longer period. The Social Security Organization states that 30 million people are in absolute poverty means that the crisis has gone beyond charts, numbers, arithmetic, and books. Therefore, the [regime] needs to make decisions quickly. Otherwise, the damage caused by this inflation will occur in many areas and will be irreparable,\u201d Etemad daily warned on Sunday.<\/span>\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The Iranian regime’s sham presidential election ended on June 19. The notorious Ebrahim Raisi was appointed as the regime’s new president. Like other regime officials, he spoke of economic reform. […]<\/p>\n","protected":false},"author":19,"featured_media":242266,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,511],"tags":[129,186,197,198,507],"class_list":{"0":"post-242265","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"category-ebrahim-raisi","9":"tag-iran","10":"tag-coronavirus","11":"tag-mek-iran","12":"tag-ncri","13":"tag-ebrahim-raisi"},"yoast_head":"\nWill Iran\u2019s Regime Resolve Economic Crises After Sham Election?-NCRI<\/title>\n<meta name=\"description\" content=\"Like other regime officials, Raisi spoke of economic reform. 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