Iranian regime is the source of inflation and poverty in the country
The mullahs’ regime has tormented the Iranian economy due to its institutionalization Corruption and warmongering. As the regime continues its terrorist activities, such as fueling war in the region, many Iranians suffer from poverty.
In recent days, state media and economists affiliated with the regime have dismissed the misconception that sanctions are the main problem in Iran’s economy.
“Inappropriate and thoughtless decision-making methods have confronted the country with a lot of corruption and inefficiency,” Farshad Momeni, one of the regime’s economists, told the public daily Eghtesad-e Sarmad on May 14, 2021.
“It is safe to say that these bad policies which create inflation because they are anti-production and founded on injustice are the roots of all the big and small problems in the Iranian economy,” Momeni added.
Momeni refers to the regime’s so-called “exchange rate control plan” and “housing constructions” that have blown billions of dollars in the country’s wealth into the air.
“Official estimates show that over the past 30 years Iran has spent $ 330 billion of its foreign exchange resources on a phenomenon called exchange rate control. Whereas if the officials had not made this decision, they would not have spent that $ 330 billion, and all the corruption, inefficiency and embezzlement caused by the exchange rate shock would not have emerged, ”Momeni said.
“Because of [regime officials’] irrationality and encouragement of unproductive activities, the equivalent of $ 250 billion has been lost in the form of unnecessary buildings and vacant houses, ”Momen said.
“The Parliamentary Research Center has calculated that by encouraging embezzlement, lobbying and corruption in the country’s development projects, we have lost $ 150 billion. This is only due to the lengthening of the implementation time of development projects, the overpayment and the waste of resources, ”admitted Momen.
So, according to what Farshad Momeni said, more than “$ 730 billion” of Iran’s wealth has been wasted because of the regime’s corruption.
The plight of Iranian workers amid regime corruption
The Iranian people are paying the price for the regime’s corruption and destructive policies. All walks of life in Iran suffer from poverty, but the plight of Iranian workers is more deplorable.
“The dramatic increase in the price of housing, dollars, gold and food products, including meat, poultry, rice and oil, indicates the empty table of workers in 2020-2021,” a writes the state-owned company Eghtesad-e Pouya on May 8.
“Meanwhile, the Covid-19 epidemic and soaring prices have crushed low-income people, and half of the workers have lost their jobs, and this unemployment can cause a lot of social damage,” adds Eghtesad-e Pouya.
“Security has been taken away from the working class in various areas. Workers are now worried about how they can live and earn a living under current conditions, given soaring inflation and declining purchasing power, ”said Alireza Heidari, vice president of Working Society Veterans Union. “Livelihoods are a major concern that has plagued the working-class community in recent years, both employees and retirees. They have a pessimistic view of their future living conditions, ”said Heidari, according to the semi-official ILNA news agency.
As Iranian workers suffer from poverty and inflation, the regime has put in place a plan to further reduce their wages, bonuses and pensions. The plan intends to do so as every week for the past four months retirees and retirees have organized rallies to demand that their pensions be adjusted to the rate of inflation.
The regime’s plan is called “parametric reform”
“In recent years there has been a new concern for workers, namely the attempt to change the basis for calculating pensions. “Parametric reform” has been a code name for years to cut wages and benefits for retirees. It’s an attractive headline, but it’s dangerous, ”ILNA wrote about it in a Saturday article.
The aforementioned facts show why Iranians from all walks of life chant in their protests: “Our enemy is here; they lie that it’s the United States ”
The regime’s destructive actions have turned society into a powder keg, prompting state media to warn those responsible for an uprising.
The state-run Eghtesad-e Pouya warned that if the regime does not resolve people’s economic grievances, it should “wait for further damage and social phenomena to emerge.”