IranIran’s Economy Under Pressure from War and Internet Shutdowns

Iran’s Economy Under Pressure from War and Internet Shutdowns

-

As the true dimensions of Iran’s economic crisis become more evident each day, regime officials are acknowledging the heavy damage caused by war as well as the widespread losses resulting from domestic policies.

The government spokesperson announced that the preliminary estimate of war-related damage is about $270 billion.

He stressed that this figure is not yet final and may increase. According to him, one of the key issues being pursued by the Iranian regime’s negotiating team in international talks, including the negotiations held in Islamabad, is securing war reparations.

Iran’s Economy Beneath the Rubble of War and Structural Collapse

The regime official added that the assessment of damages is being carried out at multiple levels and, based on current reviews, U.S. and Israeli attacks have inflicted such losses on Iran’s economy.

Meanwhile, the state-run Fararu website reported on April 14 that the head of the Business Commission revealed the heavy losses caused by internet shutdowns. He stated that each day internet disruption inflicts between $70 million and $80 million in damage on the country’s economy.

To better illustrate the scale of this damage, he said that the cost of building a “B1-level” bridge is about $15 million to $20 million, while each megawatt of power plant capacity costs between $1 million and $3 million. Based on this, the daily loss caused by internet shutdowns is equivalent to losing several bridges or multiple medium-sized power plants every single day.

The official also explained that the direct damage from internet shutdowns is estimated at about $30 million to $40 million per day, but when indirect losses are considered, the figure at least doubles, reaching $70 million to $80 million.

Latest news

Child Laborers: The Silent Victims of Poverty and Inflation in Iran

On June 15, the state-run Shargh newspaper published a report on child labor titled "Childhood on a Work Shift,"...

Iran’s Regime Executes Political Prisoners Javad Zamani and Abolfazl Saeedi

Iran's regime hanged two young men, Javad Zamani and Abolfazl Saeedi, in the early hours of Tuesday, June 16,...

Iran’s Healthcare System on Verge of Crisis as Nurses Migrate En Masse

The crisis of nursing staff shortages in Iran, driven by the migration of nurses, has once again come into...

Volker Türk: At Least 40 People Executed on Security-Related Charges in Iran

Recent remarks by Volker Türk, the United Nations High Commissioner for Human Rights, have once again drawn international attention...

Iran’s ‘No to Executions Tuesdays’ Campaign Marks 125th Week

On Tuesday, June 16, the "No to Executions Tuesdays" campaign entered its 125th week, once again demonstrating the determination...

Cyberattack on Iranian Regime Banks Causes Widespread Disruptions in Banking Services

A cyberattack seriously affected the financial resources of the Iranian regime. A widespread disruption in Iran's banking network beginning...

Must read

Iran Media on Economic Crisis

The Iranian state-run media is acknowledging how mismanagement by...

Iran to consider talks with U.S. on Iraq

AP: Iran is ready to consider negotiating with the...

You might also likeRELATED
Recommended to you