Iran: 2021-22 Budget Bill and Economic Crisis

Iran is going through its worst economic crisis. A devaluation of the country‘s national currency, skyrocketing prices, low incomes, severe economic sanctions, and government mismanagement have overwhelmed Iran’s society. In the meantime, many officials accuse each other of the calamity and warn of a “mirage“ of the 2021-22 budget.    On November 17, Iran‘s deputy Vice-President Eshaq Jahangiri warned the parliament about the new 2021-22 budget, saying, “The Parliament (Majlis) is issuing new commitments for next year’s … Continue reading Iran: 2021-22 Budget Bill and Economic Crisis