Iran Economy NewsIran Regime's Unstable Economy Gets Worst by IRGC Meddling

Iran Regime’s Unstable Economy Gets Worst by IRGC Meddling

-

Iran Focus

London, 4 November – The Iranian Regime has expressed doubts about dealing with the unstable economy and the rise in unemployment but the situation might be about to get a whole lot worse.

The Iranian Revolutionary Guards (IRGC) have declared that the unemployment crisis is a security threat and that it will set up organisations in the provinces to deal with unemployment.

Yazdan Haj Hamzeh, a political and economic analyst, has given his views on the subject in an interview.

He warned that it could lead to the IRGC meddling even more in the economy of Iran and that IRGC meddling has always proved destructive in the past.

Hamzeh, a member of the National Council of Resistance of Iran, said that the IRGC and the Iranian Regime have not been clear about the establishment of unemployment organisations, specifically what form they will take and how they will be set up.

He said: “The significant issue is to deal with the unemployment which requires an investment. The funding cannot be supplied from the internal resources and the insolvent banks. The banks have gone bust.”

He warns that with the IRGC’s involvement in the economy, Iran would be less likely to secure foreign investment as the IRGC is a terrorist organisation.

Latest news

Iran is the Second Largest Prison for Writers in the World

The 2023 Freedom to Write Index, released by PEN America, shows that Iran continues to be the world’s second-largest...

Iranian Proxies Still Planning Attacks on US Forces

On Thursday, May 2, Avril Haines, the director of the U.S. National Intelligence Agency, told a Senate Armed Services...

Growing Calls for the Terrorist Designation of the IRGC

On Monday, April 29, the Iranian regime’s Foreign Ministry spokesman, Nasser Kanani, in a weekly press briefing, claimed that...

Iranian Merchants Facing 60% Decline in Sales Due to Presence of Morality Police

Discontent among merchants due to a 60% decrease in sales attributed to the presence of the morality police, exerting...

Dire Living Conditions of Iranian workers on International Labor Day

On the occasion of International Workers' Day, May 1, the dire economic conditions of Iranian workers have reached a...

Only One-Fifth of Iran’s Annual Housing Needs Are Met

Beytollah Setarian, a housing expert, said in an interview that Iran needs one million housing units annually, but only...

Must read

China urges Iran to fully cooperate with IAEA

Reuters: China urged Iran on Tuesday to fully cooperate...

France denies giving Iran new nuclear proposals

Reuters: France denied on Monday suggestions that Iran had...

You might also likeRELATED
Recommended to you

Exit mobile version