Economic Policies: Rouhani Trying to Mask Failed Economy

Rouhani claimed to turn Iran’s economy around for growth, claims that are now proven to be nothing but hollow remarks Iran Economic Policies: Rouhani Trying to Mask Failed Economy “We have contained inflation”… “We have stopped negative economic growth”… “We have decreased unemployment”…  These are the remarks made Hassan Rouhani and his officials to claim they are actually successful in saving the sinking ship of Iran’s economy. However, these claims are so baseless and deceiving that even the regime’s own officials are denying them. To describe Iran’s crumbling economy under the mullahs’ regime, one must refer to the regime’s die-hard efforts to obtain nuclear weapons and all the country’s fortune it has wasted in this regard which has led to crippling sanctions; the colossal cases of embezzlement, theft, bribes, blackmailing and administrative corruption. This disastrous policy has in turn led to a bull-run on inflation and escalating liquidity, which has resulted to a nearly cross country halt on all industries, factories and production lines. And last but definitely not least, the political instability at the top of the regime’s hierarchy prevents this regime from allowing any kind of economic stability in the country. On inflation and unemployment, the state-run ‘Siyasat-e Ruz’ (Politics Today) cited university professor Mehdi Taghavi as saying, “Inflation currently stands at 40% and the rate of unemployment is increasing by the day….if the price of gasoline rises to 10,000 rials for each liter and the second phase of the Targeted Subsidies Law is implemented, we will witness even higher inflation…” Keyhan daily, Khamenei’s mouthpiece, wrote on April 9th, “Prices of electricity, gas, kerosene and stove oil, LPG and telephones have increased up to 25% and in some price lists this is the second increase in the past few months.” The state-run Etemad daily wrote on April 6th, “From February 20th to March 22nd urban living costs increased… statistical estimates show that the standard prices of all goods and services for urban families increased 0.7% in comparison to the period of January 21st to February 19th, and 19.6% increase in comparison to the previous month.” http://www.mojahedin.org/newsen/28087