{"id":249303,"date":"2021-10-20T10:03:34","date_gmt":"2021-10-20T15:03:34","guid":{"rendered":"https:\/\/www.ncr-iran.org\/en\/?p=249303"},"modified":"2023-01-27T14:40:19","modified_gmt":"2023-01-27T13:40:19","slug":"irans-economy-worsening-in-light-of-increasing-monopolization","status":"publish","type":"post","link":"https:\/\/www.ncr-iran.org\/en\/news\/economy\/irans-economy-worsening-in-light-of-increasing-monopolization\/","title":{"rendered":"Iran\u2019s Economy Worsening\u00a0in Light of\u00a0Increasing Monopolization\u00a0"},"content":{"rendered":"<p><img decoding=\"async\" title=\"IRGC-Powerhouses-10012021\" class=\"alignnone wp-image-232929\" src=\"https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/2020\/12\/IRGC-Powerhouses-10012021.jpg\" alt=\"IRGC's powerhouses\" width=\"1000\" height=\"563\" srcset=\"https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/2020\/12\/IRGC-Powerhouses-10012021.jpg 1280w, https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/2020\/12\/IRGC-Powerhouses-10012021-300x169.jpg 300w, https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/2020\/12\/IRGC-Powerhouses-10012021-1024x576.jpg 1024w, https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/2020\/12\/IRGC-Powerhouses-10012021-768x432.jpg 768w, https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/2020\/12\/IRGC-Powerhouses-10012021-150x84.jpg 150w, https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/2020\/12\/IRGC-Powerhouses-10012021-696x392.jpg 696w, https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/2020\/12\/IRGC-Powerhouses-10012021-1068x601.jpg 1068w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">Iran has been going through its worst economic situation in the last century. The new administration of Ebrahim Raisi has been promising to resolve Iran\u2019s economic crises. The question is whether this government, handpicked by the regime\u2019s Supreme Leader Ali Khamenei, is able to solve Iran&#8217;s complex intertwined problems or not?<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">\u201cAn issue that has very much worried people is the expansion of <a target=\"_blank\" href=\"https:\/\/www.ncr-iran.org\/en\/news\/economy\/iran-s-economy-abused-by-import-and-monopoly\/\" rel=\"noopener\">monopolies<\/a> within our country\u2019s economy which is evident in Raisi\u2019s government,\u201d the state-run Jahan-e Sanat wrote on October 19, hinting at increasing corruption.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><span data-contrast=\"auto\">\u201cIn other words, instead of making our economic environment more competitive, we are witnessing the rise of monopolies, which has greatly worried economic actors about their future,\u201d the daily added.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">Iran\u2019s economy has long been monopolized by Khamenei and the <a target=\"_blank\" href=\"https:\/\/www.ncr-iran.org\/en\/news\/inside-irans-army-of-terror-and-oppression-revolutionary-guards-irgc-part-2\/\" rel=\"noopener\">Revolutionary Guards<\/a> (IRGC).\u00a0But,\u00a0Raisi\u2019s administration is full of IRGC commanders and Khamenei\u2019s inner circle men whose main task is to plunder Iran\u2019s national wealth and prolong the regime\u2019s life.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">When Raisi nominated his cabinet, Mrs.\u00a0<a target=\"_blank\" href=\"https:\/\/www.maryam-rajavi.com\/en\/biography\" rel=\"noopener\">Maryam\u00a0 Rajavi<\/a>, the Iranian opposition\u2019s president-elect, described it as \u201cthe embodiment of four decades of the religious and terrorist dictatorship of the mullahs, whose mission is to counter popular uprisings, plunder national wealth and resources, step up terrorism and warmongering, and expand the unpatriotic nuclear and missiles projects.\u201d<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">The background of Raisi and his <a target=\"_blank\" href=\"https:\/\/www.ncr-iran.org\/en\/news\/anews\/who-is-who\/meet-iran-regimes-new-administration\/\" rel=\"noopener\">ministers<\/a> is a testament to the fact that as it comes to Iran\u2019s economy, the real task of these thugs is to plunder people.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<div class=\"lyte-wrapper\" title=\"Astan Quds Razavi, an economic powerhouse of the Iranian regime\" style=\"width:853px;max-width:100%;margin:5px;\"><div class=\"lyMe\" id=\"WYL_cP4DuuGC5MU\" itemprop=\"video\" itemscope itemtype=\"https:\/\/schema.org\/VideoObject\"><div><meta itemprop=\"thumbnailUrl\" content=\"https:\/\/www.ncr-iran.org\/en\/wp-content\/plugins\/wp-youtube-lyte\/lyteCache.php?origThumbUrl=https%3A%2F%2Fi.ytimg.com%2Fvi%2FcP4DuuGC5MU%2Fhqdefault.jpg\" \/><meta itemprop=\"embedURL\" content=\"https:\/\/www.youtube.com\/embed\/cP4DuuGC5MU\" \/><meta itemprop=\"duration\" content=\"PT3M5S\" \/><meta itemprop=\"uploadDate\" content=\"2018-12-03T08:13:34Z\" \/><\/div><div id=\"lyte_cP4DuuGC5MU\" data-src=\"https:\/\/www.ncr-iran.org\/en\/wp-content\/plugins\/wp-youtube-lyte\/lyteCache.php?origThumbUrl=https%3A%2F%2Fi.ytimg.com%2Fvi%2FcP4DuuGC5MU%2Fhqdefault.jpg\" class=\"pL\"><div class=\"tC\"><div class=\"tT\" itemprop=\"name\">Astan Quds Razavi, an economic powerhouse of the Iranian regime<\/div><\/div><div class=\"play\"><\/div><div class=\"ctrl\"><div class=\"Lctrl\"><\/div><div class=\"Rctrl\"><\/div><\/div><\/div><noscript><a href=\"https:\/\/youtu.be\/cP4DuuGC5MU\" rel=\"nofollow\"><img decoding=\"async\" src=\"https:\/\/www.ncr-iran.org\/en\/wp-content\/plugins\/wp-youtube-lyte\/lyteCache.php?origThumbUrl=https%3A%2F%2Fi.ytimg.com%2Fvi%2FcP4DuuGC5MU%2F0.jpg\" alt=\"Astan Quds Razavi, an economic powerhouse of the Iranian regime\" width=\"853\" height=\"460\" \/><br \/>Watch this video on YouTube<\/a><\/noscript><meta itemprop=\"description\" content=\"Iran, Mashhad, The Astan Quds Razavi foundation is one of Iran\u2019s state-own charity foundations. The foundation overlooks over billions of dollars\u2019 worth of company equities, lands, real estate and more. The Iranian regime uses the revenue it earns from the Astan Quds, all paid out of the pockets of the Iranian people, to fuel its terrorist activities in Iraq, Syria, Yemen, Lebanon\u2026 and to fund the IRGC\u2019s operations to suppress the protests of the Iranian people. Ebrahim Raisi, the caretaker of Astan Quds, is one of the most notorious murderers of the Iranian regime, responsible for the execution of tens of thousands of political prisoners in 1988.\"><\/div><\/div><div class=\"lL\" style=\"max-width:100%;width:853px;margin:5px;\"><\/div><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">Raisi\u2019s Vice-President is <a target=\"_blank\" href=\"https:\/\/www.ncr-iran.org\/en\/ncri-statements\/iran-raisi-appoints-head-of-the-plundering-cartel-eiko-as-1st-vice-president-and-a-henchman-as-his-chief-of-staff\/\" rel=\"noopener\">Mohammad\u00a0Mokhber<\/a>. He is a relative of Khamenei and was the head of Execution of Imam Khomeini\u2019s Order (EIKO). The organization also called &#8216;Setad Ejraiye Farmane Hazrate Emam&#8217; or &#8216;<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/investigates\/iran\/\" rel=\"noopener\">Setad<\/a>&#8216; has been a huge conglomerate and cartel for plunder since July 2007. Previously, he was the Deputy Director of Commerce and Transportation for the <a target=\"_blank\" href=\"https:\/\/home.treasury.gov\/news\/press-releases\/sm1185\" rel=\"noopener\">Mostazafan<\/a> Foundation, another huge conglomerate.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">On June 17, 2013, Sadegh Amoli Larijani, the regime\u2019s Judiciary Chief at the time, issued an order based on Khomeini\u2019s ruling, in which he named EIKO as \u201cthe only authorized body do deal with the Supreme Leader\u2019s properties,\u201d and ordered all courts in the country to \u201cinvestigate the undeclared properties (confiscated properties)\u2026 which have not yet been identified, registered and possessed, and issue supplementary rulings in favor of EIKO.\u201d<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">Raisi himself was the caretaker of <a target=\"_blank\" href=\"https:\/\/www.ncr-iran.org\/en\/publications\/special-reports\/the-role-of-astan-e-quds-razavi-a-key-religious-foundation-in-iranian-regime-s-terrorism-extremist-policies-and-recruitment-of-western-spies\/\" rel=\"noopener\">Astan-e Quds<\/a> Razavi, one of Iran\u2019s most longstanding financial and religious foundations.\u00a0\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">In September 2019, Behzad Nabavi, a former government minister who served in different administrations, underlined that in Iran, \u201cthere are four institutions that control 60 percent of the national wealth. This includes Executive Headquarters of Imam\u2019s Directive (Setad), <a target=\"_blank\" href=\"https:\/\/www.treasury.gov\/press-center\/press-releases\/pages\/tg539.aspx\" rel=\"noopener\">Khatam-ol-Anbiya<\/a> Base, Astan-e Quds, and Foundation of the Oppressed and Disabled.\u201d<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">\u201cNone of these institutions are in connection with the government and parliament,\u201d he added.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">Khamenei has also handpicked the regime\u2019s parliament and put one of his closest officials and a corrupted element, Mohammad Bagher <a target=\"_blank\" href=\"https:\/\/english.mojahedin.org\/i\/who-mohammad-bagher-ghalibaf-the-new-speaker-irans-parliament\" rel=\"noopener\">Ghalibaf<\/a>, as the parliament\u2019s speaker. As the mayor of Tehran, Ghalibaf is accused of stealing over billions of dollars.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">According to Majid Farahani, head of Tehran\u2019s municipality budget committee and based on reports submitted by the auditor in 2016, municipal expenses were 196.72 trillion rials, while in the mayor\u2019s reports, the expenses are indicated 198.58 trillion rials. \u201cThere is a 10-trillion-rial contradiction between the reports, and the question is, why?\u201d Farahani said, according to the semi-official ISNA news agency on January 15, 2018.\u00a0 Alireza\u00a0Zakani, another IRGC commander, succeeded Ghalibaf<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">Ghalibaf has also been one of the top IRGC commanders. Ghalibaf was succeeded by Alireza Zakani, another IRGC commander and a figure close to Khamenei. <a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=BtWlMywBNd8\" rel=\"noopener\">IRGC<\/a> has long been plundering the national wealth through its front companies and headquarters. One of IRGC\u2019s top corrupt organizations is Khatam al-Anbiya Headquarters.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">\u201cOur effort is to complete the semi-finished projects and provide the necessary funding. Considering the capacity of Khatam al-Anbiya HQ in implementing projects and mega projects, Tehran Municipality has a great desire to hand over these projects to Khatam HQ,\u201d said Mehdi Chamran, head of Tehran\u2019s City Council on October 3.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><strong>Also read:<\/strong><\/p>\n<p style=\"text-align: justify\"><a target=\"_blank\" href=\"https:\/\/www.ncr-iran.org\/en\/news\/terrorism-a-fundamentalism\/inside-irans-army-of-terror-and-oppression-revolutionary-guards-irgc\/\" rel=\"noopener\"><span style=\"text-decoration: underline\">Inside Iran\u2019s Army of Terror and Oppression: Revolutionary Guards (IRGC) \u2013 Part 1<\/span><\/a><\/p>\n<p style=\"text-align: justify\"><a target=\"_blank\" href=\"https:\/\/www.ncr-iran.org\/en\/news\/inside-irans-army-of-terror-and-oppression-revolutionary-guards-irgc-part-2\/\" rel=\"noopener\"><span style=\"text-decoration: underline\">Inside Iran\u2019s Army of Terror and Oppression: Revolutionary Guards (IRGC) \u2013 Part 2<\/span><\/a><\/p>\n<p style=\"text-align: justify\"><a target=\"_blank\" href=\"https:\/\/www.ncr-iran.org\/en\/publications\/special-reports\/the-role-of-astan-e-quds-razavi-a-key-religious-foundation-in-iranian-regime-s-terrorism-extremist-policies-and-recruitment-of-western-spies\/\" rel=\"noopener\"><span style=\"text-decoration: underline\">The Role of Astan-e Quds Razavi, a Key \u201cReligious Foundation\u201d, in Iranian Regime\u2019s Terrorism, Extremist Policies, And Recruitment of Western Spies<\/span><\/a><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">Khatam al-Anbiya\u00a0Construction Headquarters began as a contractor of industrial and construction projects in 1989. In its charter, the most important goal of the complex is to \u201cefficiently utilize the available construction and economic resources, capacities and talents of the IRGC to continue the Islamic Revolution.\u201d<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">The Khatam Headquarters contracting services acts as a huge intermediary between the government and small engineering and technical companies, which have a major portion of their revenues seized by Khatam. Ownership of many of these companies occurred unilaterally or through intimidation and force. Khatam also has extensive operations in the sectors of oil and gas and petrochemicals. For instance, it is responsible for the Phase 15 and 16\u00a0development\u00a0of the South Pars oil and gas field.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">In 2015, the official IRNA news agency quoted the National Iranian Oil Company director as saying that the Khatam Headquarters\u2019 oil contracts had surpassed $25B.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">It is worth noting that Raisi\u2019s current Minister of Urban and Road Development,\u00a0<a target=\"_blank\" href=\"https:\/\/www.ncr-iran.org\/en\/news\/iran-election\/irans-elections-2021-who-is-rostam-ghasemi\/\" rel=\"noopener\">Rostam\u00a0Ghasemi<\/a>, was Khatam al-Anbiya\u2019s\u00a0commander from 2007 to 2011. From August 2011 to 2013, he was Minister of Oil under then-President Mahmoud Ahmadinejad.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">During his tenure, astronomical financial irregularities, embezzlement, kickbacks, bribery, and other financial crimes happened, including the purchase of 30 oil rigs without \u201cprocurement tender formalities,\u201d other violations in the purchase of another 25 oil rigs as well as the \u201cdisappearance\u201d of a number of oil rigs.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">These facts highlight once again that Ebrahim Raisi and his ilk are not going to solve Iran\u2019s economic problems.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><span data-contrast=\"auto\">Iran\u2019s state media also confirmed the latter on Tuesday.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">\u201cT<\/span>hree months after the inauguration of Raisi, <span data-contrast=\"auto\">Iran\u2019s economy has not changed. In some cases, the situation seems even more dangerous,\u201d wrote the state-run Hamdeli daily on October 19.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><span data-contrast=\"auto\">One of these dangerous problems is the rising <a target=\"_blank\" href=\"https:\/\/www.ncr-iran.org\/en\/news\/economy\/irans-rising-inflation-rate-and-skyrocketing-prices-and-their-effects-on-people\/\" rel=\"noopener\">inflation<\/a> rate which directly affects people\u2019s lives.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<div class=\"lyte-wrapper\" title=\"How the Islamic Revolutionary Guards Corps IRGC plunders Iran&rsquo;s economy\" style=\"width:853px;max-width:100%;margin:5px;\"><div class=\"lyMe\" id=\"WYL_dHjy6OWnrvo\" itemprop=\"video\" itemscope itemtype=\"https:\/\/schema.org\/VideoObject\"><div><meta itemprop=\"thumbnailUrl\" content=\"https:\/\/www.ncr-iran.org\/en\/wp-content\/plugins\/wp-youtube-lyte\/lyteCache.php?origThumbUrl=https%3A%2F%2Fi.ytimg.com%2Fvi%2FdHjy6OWnrvo%2Fhqdefault.jpg\" \/><meta itemprop=\"embedURL\" content=\"https:\/\/www.youtube.com\/embed\/dHjy6OWnrvo\" \/><meta itemprop=\"duration\" content=\"PT1M45S\" \/><meta itemprop=\"uploadDate\" content=\"2020-09-10T16:00:16Z\" \/><\/div><div id=\"lyte_dHjy6OWnrvo\" data-src=\"https:\/\/www.ncr-iran.org\/en\/wp-content\/plugins\/wp-youtube-lyte\/lyteCache.php?origThumbUrl=https%3A%2F%2Fi.ytimg.com%2Fvi%2FdHjy6OWnrvo%2Fhqdefault.jpg\" class=\"pL\"><div class=\"tC\"><div class=\"tT\" itemprop=\"name\">How the Islamic Revolutionary Guards Corps IRGC plunders Iran\u2019s economy<\/div><\/div><div class=\"play\"><\/div><div class=\"ctrl\"><div class=\"Lctrl\"><\/div><div class=\"Rctrl\"><\/div><\/div><\/div><noscript><a href=\"https:\/\/youtu.be\/dHjy6OWnrvo\" rel=\"nofollow\"><img decoding=\"async\" src=\"https:\/\/www.ncr-iran.org\/en\/wp-content\/plugins\/wp-youtube-lyte\/lyteCache.php?origThumbUrl=https%3A%2F%2Fi.ytimg.com%2Fvi%2FdHjy6OWnrvo%2F0.jpg\" alt=\"How the Islamic Revolutionary Guards Corps IRGC plunders Iran&rsquo;s economy\" width=\"853\" height=\"460\" \/><br \/>Watch this video on YouTube<\/a><\/noscript><meta itemprop=\"description\" content=\"September 2020\u2014How the Islamic Revolutionary Guards Corps plunders Iran\u2019s economy The Islamic Revolutionary Guards Corps (IRGC) was established in the early 1980s From day one, the IRGC has been engaged in the suppression of regime dissidents The IRGC was also one of the regime\u2019s main forces in the Iran-Iraq War, as part of the regime\u2019s \u201cQuds through Karbala\u201d campaign Following the war, having no pretext to keep the IRGC active, the regime permitted the Corps\u2019 entry into Iran\u2019s economy The IRGC\u2019s \u201cKhatam-al Anbiya Construction Headquarters\u201d became involved in Iran\u2019s construction industry In six years, Khatam-al Anbiya earned a whopping &#36;2 billion through its holdings Khatam-al Anbiya bought Iran\u2019s &#36;45-billion state communications company at less than &#36;8 billion Khatam-al Anbiya received billions in government loans for its factories. The money, however, was used in other investments. To this day, Khatam-al Anbiya has signed many government contracts without ever participating in the tender process. Khatam-al Anbiya is merely one of the IRGC\u2019s sectors enjoying significant influence in Iran\u2019s economy Iran\u2019s economy is being plundered by the IRGC &amp; other military sectors\"><\/div><\/div><div class=\"lL\" style=\"max-width:100%;width:853px;margin:5px;\"><\/div><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">\u201cThe latest situation of macroeconomic indicators shows that the 12-month inflation leading up to September has reached nearly 60 percent, and food and beverage inflation has reached more than 73 percent. The increasing inflation is unprecedented in four decades after the Islamic Revolution. The result of such complicated conditions is the shrinking of the people\u2019s table and the dire living conditions of the poor and the middle class,\u201d wrote the state-run Farhikhtegan daily.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">The ongoing economic crises in Iran have turned society into a powder keg. There are daily <a target=\"_blank\" href=\"https:\/\/www.ncr-iran.org\/en\/news\/iran-protests\/irans-uprisings-will-re-emerge-in-persian-year-1400\/\" rel=\"noopener\">protests<\/a> in Iran by people from all walks of life. They have realized that Raisi\u2019s hollow promises are part of the regime\u2019s deceptive measures to postpone another major uprising.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><span data-contrast=\"auto\">The regime\u2019s ongoing corruption and its devastating effects on people\u2019s lives have indeed created a danger towards the regime.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span data-contrast=\"auto\">\u201cWe should find a way to control the flood of [anger] which could ruin [the entire system]. Never has the situation been this dangerous. We are in difficult economic circumstances. If this situation couples with people\u2019s demands and real economic factors, we would be down on a dangerous path,\u201d the state-run Hamdeli daily warned officials on Monday.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Iran has been going through its worst economic situation in the last century. The new administration of Ebrahim Raisi has been promising to resolve Iran&rsquo;s economic crises. The question is [&#8230;]<\/p>\n","protected":false},"author":15,"featured_media":232929,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,10,176],"tags":[129,205,211,229],"class_list":{"0":"post-249303","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-iran-protests","8":"category-economy","9":"category-uncategorized","10":"tag-iran","11":"tag-irgc","12":"tag-quds-force","13":"tag-irans-economy"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Iran\u2019s Economy Worsening\u00a0in Light of\u00a0Increasing Monopolization\u00a0 - NCRI<\/title>\n<meta name=\"description\" content=\"Iran has been going through its worst economic situation in the last century. 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