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Money Cut to the Bone for Iranian People

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NCRI – An Iranian regime’s economic expert has said that “due to poverty, financial resources of a large part of the Iranian population has been cut to the bone so that in the past ten years, Iranian households have been forced to consume less and less protein, dairy products and even fruits and starchy foods like rice and bread.”

In an interview with Arman newspaper on Saturday November 5, Farshad Momeni, an economic expert at Allameh Tabataba’i University, has said that “such a degree of saving shows that people’s money has been cut to the bone as no one under normal circumstances plans such deep cuts which is directly related to one’s life, unless one is forced to.”

Momeni described Iran’s economic growth in 2016 as undesirable which lacks quality and is still stuck with crude retails, brokerage, financial activities and promoting money-trading which, according to Momeni, can neither create jobs nor save the country from its numerous economic and social problems.

Momeni continued: “for instance, a huge part of country’s resources is dedicated to car dealers and following a small change taken place in this section, the government has concluded that the people’s overall economic situation has improved.”

At the end of his interview, the economic expert has asked Hassan Rouhani not to rely too much on the IMF’s report on Iran’s economic growth in 2016, because like the previous years, the report is based on internally manipulated economic data as well as ‘opportunistic games’. He added that “due to such games and data manipulations, we are currently faced with a widespread crisis of lack of trust that sooner or later will reach the international organizations as well.”