October 28, 2019<\/a><\/p><\/blockquote>\n\u00a0<\/p>\n
The economist said: \u201cPerhaps the prices [will] decrease by 20% in the next couple of months. In 1985 and 1986, just like now, there was a sharp drop in trades. Yet we witnessed a 20-30% decrease in prices. Now there is now such a decrease and. in fact, we have [a] 200% price increase. A house that would have [been worth] 8 million tomans (around $695) a meter, is now sold at 24 million tomans (around $2000).\u201d\u00a0<\/p>\nMohammad Pejman, Deputy Minister of Roads and Urban Development, acknowledged that there are 2000 urban reconstruction projects awaiting budgets and that if the budget is not provided there will be a disaster.\u00a0\u00a0<\/p>\n
While Farshad Momeni, one of the regime\u2019s economist, warned: \u201cThe extreme formalist and economist approaches that have shown themselves in the form of market orientation have created a mentality that treats economic issues as an abstract problem using an outdated method in managing the national economy. All inflationary policies summarize how much money the government makes and how it should be spent. The government sometimes admits to the negative consequences of these policies, which is unemployment. The estimations show how the negligence toward the consequences of inflationary policies results in a systematic economic failure.\u201d\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
Iran is a scene of daily — NCRI-FAC (@iran_policy) ‘s Regime Would Need Oil at $195 a Barrel Next Year to Balance Budget: IMF — NCRI-FAC (@iran_policy) October 28, 2019 […]<\/p>\n","protected":false},"author":19,"featured_media":54328,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[178],"class_list":{"0":"post-26843","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-save"},"yoast_head":"\n
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![\"Signs](\"https:\/\/www.ncr-iran.org\/en\/wp-content\/uploads\/sites\/2\/2019\/11\/Iran-_Economic-_Downfall.jpg\" "\\"Iran-")
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