{"id":246553,"date":"2021-09-08T09:35:48","date_gmt":"2021-09-08T14:35:48","guid":{"rendered":"https:\/\/www.ncr-iran.org\/en\/?p=246553"},"modified":"2023-01-30T16:22:53","modified_gmt":"2023-01-30T15:22:53","slug":"state-media-irans-economy-plagues-with-super-challenges","status":"publish","type":"post","link":"https:\/\/www.ncr-iran.org\/en\/news\/economy\/state-media-irans-economy-plagues-with-super-challenges\/","title":{"rendered":"State Media: Iran\u2019s Economy Plagues With Super-Challenges"},"content":{"rendered":"

\"Due<\/p>\n

According to Iran\u2019s state-run media, based on engineered statistics by the regime\u2019s financial institutions, Iran\u2019s economy is entangled by super-challenges. What has caused the current economic recession, sanctions, or the regime\u2019s corruption?<\/p>\n

“Since the [1979] revolution, the economic situation has never been this complicated, as it has been in the last decade,\u201d the state-run Donya-e Eghtesad wrote on September 5. The prices of basic needs of people continue to skyrocket. \u201cEach kilo of Iranian rice was sold for 46,500 tomans last month,\u201d wrote the state-run Setare Sobh daily in this regard on September 5.<\/p>\n

\u201cDue to the growth of unemployment and inflation<\/a>, Iran is among the most miserable countries in the world,\u201d wrote the state-run Jahan-e Sanat daily on September 4.<\/p>\n

\u201cSuper-challenges plague Iran\u2019s economy, and if they are not fundamentally addressed as soon as possible and fundamental and structural reforms are not made in the structure of our economy, the situation will become more complicated. Then, it may not be easy to manage its social and political consequences,\u201d Jahan-e Sanat wrote, acknowledging that Iran\u2019s economic crises would have severe consequences<\/a> for the regime.<\/p>\n

\u201cAccording to data published by the Central Bank, Iran\u2019s national per capita income in 2020 was about 4 million and 820 thousand tomans, which is 35% lower than the national per capita income in 2011,\u201d the semi-official ILNA News Agency on September 7.\u202f\u202f”As far as we are concerned, some countries, such as Azerbaijan and Kazakhstan, are also ahead of us. Urban and rural households spend on average about 25% lower on food than in 2011,\u201d ILNA adds.<\/p>\n

\u201cOver the last ten years, the trend of gross fixed capital formation has been about 2.7% negative on average annually. In the last two years, the consumption of fixed capital has exceeded the gross of capital formation, which indicates the net decline of the real production capacity of the country for the coming years,\u201d Donya-e Eghtesad wrote on September 5.<\/p>\n

\u201cIn addition to all the unfavorable trends in the basic items of the country\u2019s macro-accounts, the infrastructure capacity and inventory of Iran\u2019s goods have also decreased in recent years. Thus, the stability and resilience of the country\u2019s economy in providing livelihood and meeting the basic needs of society have declined sharply,\u201d Donya-e Eghtesad adds.<\/p>\n

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