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

Amnesty International Challenges Silence Over the Iranian Regime’s Crimes

The bloody crackdown on the January protests in Iran remains unaddressed, and Amnesty International has warned that the continued...

Iranian Regime’s Iraqi Proxy Groups in the Trap of Arrest and the Law

Following the arrest of one of the Iranian regime's proxy operatives in Iraq, who had also been sanctioned by...

U.S. Treasury Revokes License Allowing Iranian Regime Oil and Petrochemical Sales

The U.S. Department of the Treasury announced on Tuesday, July 7, that it had revoked the general license covering...

US and Iranian Regime Exchange Escalating Military Strikes

Tensions between the United States and the Iranian regime entered a new phase early Wednesday, July 8. U.S. Central...

Iran’s ‘No To Executions Tuesdays’ campaign Enters Its 128th Week

On Tuesday, July 7, the "No To Executions Tuesdays campaign" continued. The campaign, which was launched to end all...

Oil Tanker Attacked Near the Strait of Hormuz

The United Kingdom Maritime Trade Operations (UKMTO), a British maritime security monitoring organization, reported that an oil tanker sailing...

Must read

Experts discuss Iran-Taliban relationship

USA TODAY: For months, top U.S. military leaders have...

Five against Iran

The Times - Leading Article: Two conclusions, one grim...

You might also likeRELATED
Recommended to you