Iran Economy News

Iran: 90% Increase in Inflation Compared to Autumn 2019

The Iranian Statistics Center announced a 90 percent increase in inflation compared to the fall of 2019 and that inflation of imported goods in...

Iran: Government’s $12-Billion Debt to Social Security Organization

In Iran, more than 40 million people are covered by insurance provided by the Social Security Organization. In low-cost medical cases, these insurances aid...

Iran’s Officials Admit to Playing With the Exchange Rate To Run Their Shattered Economy

'Increasing the price of the dollar and keeping the dollar artificially high is a reality accepted by all elements of society. Therefore, we must...

Iran Economist Says Mullahs Must Fix Broken System

Iranian regime economist Hossain Raghfar spoke Monday about institutionalized corruption by the mullahs and called for urgent action to be taken. He said: “If the...

Determining the Subsistence Basket at 6.895 Million Tomans, a Step To Destroy Iran’s Workers

A tripartite committee, the representative of the government, employers and workers, has determined the livelihood basket to be 6.895 million Tomans in Iran. This...

Iran Budget Approved, but Its Not a Good Thing

The Iranian parliament (Majlis) has finally approved the government’s 2021-22 budget bill following a month of arguments between the members of the parliament and...

Iran: “Public Rights”, the 96% of the Majority, Are the “Subset Right of the Special 4%”

Mohammad Gharazi, one of the founders of Iran’s Islamic Revolutionary Guards Corps (IRGC) and former Minister of Oil, named the leaders of the government...

Iran-EU Trade Summit Should Be Cancelled

On March 1, the Iran-Europe prospects for economic relations summit, hosted by the International Trade Centre, will begin, following the postponement from December.  Why was...

Latest news

Renewed Protests Erupt in Iran

In recent days, Iran has witnessed fundamental changes in the nature of popular protests. The movement has evolved from...

Rising Crime and Social Breakdown After 47 Years of Clerical Rule in Iran

While Iran's regime has spent much of its resources and capabilities over more than four decades suppressing opponents, silencing...

Seventy-Eight Nobel Laureates Urge UN Action Amid Rising Executions in Iran

A coalition of 78 Nobel Prize laureates has issued a joint appeal to United Nations Secretary-General António Guterres, calling...

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Privatization: The Transfer of Wealth to Power Circles in Iran’s Regime

Privatization has been one of the most significant economic...

Food Basket Share Reaches 71% of Iranian Workers’ Minimum Wage

Studies show that the cost of providing essential food...

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