![\"Is](\"https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/sites\/2\/2018\/11\/Is-Irans-Economic-Nosedive-Due-to-Sanctions-or-Corruption-and-Funding-Terrorism.jpg\" "\\"Is-Irans-Economic-Nosedive-Due-to-Sanctions-or-Corruption-and-Funding-Terrorism\\"")
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Mahmoud Hakamian<\/p>\n
Iran\u2019s economic problems could be fixed if the Regime decided to do the right thing<\/strong><\/p>\n Supreme Leader of Iran Ali Khamenei said on November 14, during a meeting with Iranian athletes, that Iran’s economic problems would be solved if \u201cthe national capacities are used properly\u201d.<\/p>\n This is entirely correct, if Iran\u2019s wealth was used properly to hire nurses, pay teachers, and provide food to the poor, it would solve Iran\u2019s problems.<\/p>\n However, the Iranian Regime is content to divert any money that they have towards their own bank accounts or towards war and terrorism across the Middle East, so that\u2019s not what Khamenei was promising to do. He likely only made these comments in order to appease the Iranian business leaders, in line with President Hassan Rouhani\u2019s previous pledge to paint a positive outlook even when there isn\u2019t one, although that is unlikely to work.<\/p>\n Khamenei had earlier met with representatives of the private sector and Ali Aghamohammadi, chief of the economic group, to discuss unemployment, economic recession, and the general business climate. During that meeting, Masoud Khansari, Tehran\u2019s Chamber of Trade chief, said that the economic climate is like a \u201cnoose\u201d and that the Regime\u2019s inaction was one of the biggest weaknesses, while Ali Sanginian, chief of the money market and investment commission in Tehran\u2019s chamber of trade, said Iranian \u201cbanks are not optimistic about the promised EU financial channel becoming operational\u201d.<\/p>\n Even the state-run Iranian media is admitting that Iran in \u201cvery difficult situation\u201d with \u201cmany limitations\u201d.<\/p>\n Of course, many Iranian officials are still clinging to the hope of the EU Special Purpose Vehicle, which is designed to circumvent US sanctions on Iran by using a bartering system, but is looking less and less likely to ever be implemented due to technical and logistical difficulties, as well as the fact that it actually violates the sanctions. European companies are pulling out by the day and most countries have cut their oil imports from Iran. It\u2019s too late for the SPV to save Iran.<\/p>\n The International Monetary Fund reported: \u201cIn the future, Iran\u2019s economy will suffer severely from sanctions impact. Iran\u2019s deeply oil-dependent economy will face a 1.5-per cent negative growth this year and a 3.6-per cent negative growth next year.\u201d<\/p>\n This economic crisis could soon lead to a political one, with strikes and protests in Iran only growing.<\/p>\n","protected":false},"excerpt":{"rendered":" Mahmoud Hakamian Iran’s economic problems could be fixed if the Regime decided to do the right thing Supreme Leader of Iran Ali Khamenei said on November 14, during a meeting […]<\/p>\n","protected":false},"author":8,"featured_media":52337,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[178,287],"class_list":{"0":"post-25537","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-save","9":"tag-iran-terrorism"},"yoast_head":"\n
Javad Zarif, the regime\u2019s foreign minister, Kamal Kharazi, former Iranian foreign minister and foreign policy advisor to Khamenei, and Mohammad Hassannejad, a member of the economic commission in the Iranian parliament, have all pleaded for the SPV\u2019s introduction, but they are wasting their breath.<\/p>\n