{"id":248660,"date":"2021-10-08T11:10:09","date_gmt":"2021-10-08T16:10:09","guid":{"rendered":"https:\/\/www.ncr-iran.org\/en\/?p=248660"},"modified":"2023-01-22T22:24:21","modified_gmt":"2023-01-22T21:24:21","slug":"state-media-whats-wrong-with-irans-declining-economy","status":"publish","type":"post","link":"https:\/\/www.ncr-iran.org\/en\/news\/economy\/state-media-whats-wrong-with-irans-declining-economy\/","title":{"rendered":"State Media: What’s Wrong with Iran\u2019s Declining Economy"},"content":{"rendered":"

\"40_years_of_economic_downfall_in_Iran\"<\/p>\n

Iran\u2019s economy is declining<\/a>. As the economic crisis exacerbates, the regime\u2019s state-run media acknowledged the real cause of the current crisis. \u201cIran\u2019s economy is currently facing various problems and nodes, all of which are very important and have challenged the economy,\u201d wrote the officials Iran daily, the government\u2019s official newspaper on October 6.<\/p>\n

According to this state-run media, Iran\u2019s \u201chigh and chronic inflation<\/a>, which is rooted in serious problems in government budgets and fiscal policies,\u201d is one of Iran\u2019s economic problems.\u00a0Iran daily then acknowledged that \u201cDeficiencies in the country\u2019s banking and monetary system, the crisis in pension funds, the water and environmental crisis, the organization of production, which is becoming monopolized instead of becoming more competitive, and property rights, which have changed to opportunities of corruption,\u201d are other nodes of Iran\u2019s economy.<\/p>\n

Aftab-e Yazd daily referred to one of these crises on October 6, which is a huge social gap between poor Iranians and wealthy elites, which are connected to the regime officials. \u201cWhile the poverty line has passed 11 million Tomans and the poor are being crushed under it, the news is being spread from all over that the capacity of European tours of March 2021 is full. At the same time, in our country, economic problems are still tied to political issues.\u201d<\/p>\n

Aftab-e Yazd acknowledges that this situation underlines that Iran\u2019s \u201ceconomic situation has not improved, and the majority of the people are in a bad economic situation,\u201d yet, \u201csocioeconomic gaps between classes prevail\u201d in Iran under the mullahs\u2019 regime.<\/p>\n

\u201cA part of society hardly makes ends meet, while the elites<\/a> go on luxury tours. Currently, there is no middle class in society. The poverty line has surpassed 11 million tomans. Evidence shows that a large part of society is below this line. Continuation of this trend divides the society into rich and poor sections. We could soon hear the breaking of poor people\u2019s bones under this pressure,\u201d Aftab-e Yazd writes.<\/p>\n

But what has caused Iran\u2019s economic crisis?<\/p>\n

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