Where Is Iran’s Oil Revenue Going?
People’s Mojahedin Organization of Iran – MEK IRAN YouTube channel has published an informative video on the plunder of Iran’s wealth resources, especially oil, due to widespread corruption in the mullahs’ regime.
Iranian Regime Parliament Hastily Approves the Elimination of Iran’s Official Exchange Rate
Following months of back-and-forth discussions and warnings by officials, the decision to eliminate Iran’s official exchange rate, which sits at 42,000 rials to every dollar, was hastily approved within minutes by the Iranian regime’s parliament as part of the budget plan put forward by the regime’s president Ebrahim Raisi for the 2022-2023 calendar year.
“Resistance Economy” of the Iranian Regime at the Bottom of the World Economy Table
In Iran there is a monopoly on the economy, with extreme corruption, plundering, and broad-based perspectives on rent-seeking, which has proven two facts to date. Ordinary people are deliberately being forced into austerity; and on the other hand, the leaders of the clerical regime and the Revolutionary Guards (IRGC) and its affiliates have become richer. […]
Iranian Regime to Blame for Iran’s Economic Freefall
As the working week began in Iran this week, currency exchange rates around the country caused great shock as the price for one U.S. dollar shot up from 300,000 rials to 310,000 rials within just a few hours. The cause of the sudden drop in the value of rial is suspected to be the unsuccessful […]
Iran: Despite Promises from the Raisi Administration, No Economic Improvements Have Been Made
With the dire state of the economy in Iran worsening day by day, more Iranian people are forced to search through piles of trash for items that they can sell to earn money to make ends meet and provide for their families. When the Iranian regime’s President, Ebrahim Raisi and his administration came to power […]
Iranian Regime Demands the Release of Frozen Money Abroad
With the current economic crises in Iran, the Iranian regime has been pressuring countries around the world, who have the regime’s money frozen in accounts, to release the money for immediate use. However, the question remains as to whether this money will be used to fund the regime’s malign activities or to help the Iranian […]
Hollow Promises From Raisi as Economic Crises in Iran Decline Further
As the current economic crises in Iran continue to worsen, the Iranian regime’s new president Ebrahim Raisi made a statement on Wednesday, September 29, saying that ‘the country’s inflation rate should be controlled and reduced’, however, he has yet to put into place any actions to resolve the crises. The Arman daily stated in their […]
Is Iran’s Declining Economy the Fault of the Regime or Sanctions?
The National Council of Resistance of Iran (NCRI) reported on September 23 that Iran’s economy is currently on a freefall decline, but the question remains as to whether the Iranian regime’s corruption or international sanctions are to blame. According to the Setareh Sobh daily, latest updates from the World Bank data suggest that Iran’s GDP […]
Iran’s Economy Facing With Super Challenges
As the National Council of Resistance of Iran (NCRI) reported on September 8 that according to state-run media, the economy of Iran is complicated by a series of so-called super-challenges, based on statistics fabricated by the Iranian regime’s financial institutions. With skyrocketing prices of basic needs and the growth of unemployment and inflation, it is […]
The Destruction of Iran’s Economy Under the Mullahs’ Regime
There are many crises currently plaguing the Iranian economy, causing inflation, negative growth, and rising prices, which means that some 60 million Iranians are now stuck in poverty, with some of this being shown in the recent protests by farmers and ranchers over intense water shortages and the shortage and high cost of livestock feed. […]
