By Jubin Katiraie
On the sidelines of an unprecedented rise in the price of gold, the dollar, and gold coins in Iran
By Pooya Stone
The Iranian parliament is expected to decide on next year's budget. However, after the gas price hikes, it became clear that neither the branches' heads of the regime nor the regime's supreme leader cared about the parliament in crucial political-economic decision-making.
The Center for the Research of Iran’s Parliament has recently presented a horrific picture of the state of the broken economy under the clerical rule. The result is an increase in inequality and class divisions.
The 25-year deal of China and Iran, a scandal in Iran’s history
In recent days, the budget settlement law provided by the Supreme Audit Court prompted different reactions in Iran. The report revealed part of the systematic corruption in the entire Islamic Republic and in the Hassan Rouhani administration in particular.
The coronavirus has dramatically changed the world in 2020, but out of the bad, many countries are seeing an increase in collaboration, social solidarity, and personal sacrifice.
By Jubin Katiraie
As we move away from the early days and months of 2020, the meaning of the “year of production leap” announced by the supreme leader Ali Khamenei becomes clearer. He had previously named 2019 the “year of production boom.”
Even the state-run media outlets in Iran have begun to publically acknowledge that the authorities’ plan to send people back to work - those who have been able to stay home anyway - during the coronavirus (COVID-19) outbreak will put many more Iranians at risk of catching and spreading the disease, which will, in turn, lead to more deaths.
Free Trade Zone (FTZ), also known as the Special Economic Zone (SEZ), is defined as a geographic areathat provides special exemptions and facilities for investors. FTZs are generally located around major seaports, international airports, and nationalborders. Factually, these areas have been organized to foster economic activity and employment by reduction of taxes and customs duties.
The majority of the 120 workers at the Safireh garbage-sorting site in Ahvaz are female heads of household, risking injury and disease in order to put food on their table, but they have very few rights and are frequently subject to late payment and other problems.
These days, in tandem with the coronavirus crisis in Iran, the fall in the global oil prices is challenging the regime in Tehran and further undermining its 2020 budget.
Amid death, poverty, and misery, Iran’s regime is precisely and gradually increasing the price of bread from region to region.
Today, almost all countries across the globe have managed to overcome their inflation rate issues. In this respect, in 2018, the average global inflation rate was 2.4 percent; however, Iran had been ranked fourth in the world.
Essential goods are in short supply in Iran, which means that the cost of items has risen dramatically in the past few months, putting yet more pressure on the Iranian people. This is more pronounced in the goods that are monopolized by the government, i.e. water and electricity.
On Tuesday, 31 March, Sputnik News Agency announced that the three European countries have approved financial operations with Iran based on the Instrument in Support of Trade Exchanges (INSTEX).
Iran with a total area of 1,648,195 km2and the population density of 51 people per km2is a country with enough space for city constructions and buildings.
That smuggling in Iran is organized by the regime itself is nothing new, and that this regime has destroyed Iran’s economy and production in the past 40 years is not new too.
According to a survey by Iran’s Parliamentary Research Center, the poverty line for a four-person household in Tehran has risen from 2.5 million tomans to 4.5 million tomans in the last two years, an increase of 80 percent. (Gostaresh, 4 June 2020)
Iran’s rank in bankruptcy and debt payment has fallen even further. In the latest report of the World Bank about the bankruptcy and debt payment, Iran’s ranking has decreased by two points and fallen to 133rd position globally.
Recently, the Central Bank of Iran (CBI) acknowledged its goal to reduce the inflation rate to 22 percent in the current year. In other words, it intends to reduce the 41-percent inflation, which was announced in March, by 20 percentage points.
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