Iran General NewsIran should help people cope with economic duress, Etemaad...

Iran should help people cope with economic duress, Etemaad says

-

Bloomberg: Iranian Parliamentary Speaker Ali Larijani said government officials should take steps to offset economic hardships, Etemaad newspaper reported. Bloomberg

By Ladane Nasseri

Iranian Parliamentary Speaker Ali Larijani said government officials should take steps to offset economic hardships, Etemaad newspaper reported.

Iranians are struggling with inflation and unemployment, Larijani said. “It isn’t in the nation’s interest for people to endure more economic pressure,” he said, according to Etemaad.

Iran’s rial has lost as much as 40 percent of its value against the U.S. dollar on the street market and costs have soared as a result of tighter U.S. and European Union sanctions.

“Even at a time of sanctions, if we use all the existing skills and aim for local production certainly inflation will lessen and jobs will be created,” he told a rally in the central city of Natanz, according to the Tehran-based newspaper.

Iranians will elect a new president in June and Mahmoud Ahmadinejad is ineligible for a third consecutive term. Larijani, who has been critical of the president’s policies, is seen as a potential candidate in the race.

Latest news

Iran’s Unsolvable Air Pollution Problem

Air pollution will remain at dangerous levels and will increase for the next few days in most big cities,...

The World Must Acknowledge the Iranian People’s Right to Self-defense

Victor Hugo once said: “When dictatorship is a fact, revolution becomes a right.” Throughout history, this has been the...

Iran: 60% Of Population Is Poor

The livelihood baskets of the Iranian people are shrinking dramatically. This, in turn, has introduced new concerns to protect...

The implications of EU’s terrorist designation of the Revolutionary Guards (IRGC)

The European Parliament called on January 18 for the European Union to list Iran's Revolutionary Guards (IRGC) as a...

Iran’s Regime Is Hiding Human Rights Violations In Its Prisons

With more than four months into Iran’s latest round of nationwide uprisings, the brutality of the Iranian regime’s security...

How Internet Censorship Is Damaging Iran’s Economy

While in the last four months, internet access in Iran has been cut off or severely limited, the regime’s...

Must read

In Brief: Iran’s Ahmadinejad visits Algeria

Iran Focus: Tehran, Aug. 06 – Iran’s hard-line President...

US seeks ‘punitive’ measures against Iran

AFP: The United States on Wednesday called for "punitive"...

You might also likeRELATED
Recommended to you