The Iranian regime’s Expediency Council has not yet declared its decision over whether to adopt the Combating the Financing of Terrorism (CFT) legislation. Since the one-year deadline for this organization was expired on January 21, the assignment of this bill related to the work of the Financial Action Task Force (FATF) should be considered finished.
News: Iran Economy
U.S. Treasury department (OFAC) imosed new sanctions on the petrochemical industry in Iran-January 23, 2020
In his proposed budget for the upcoming Iranian calendar year, the Iranian regime’s president, Hassan Rouhani, has used the exchange rate of 42,000 rials per U.S. dollar for calculating the income from imports of essential products and medicines. According to the government’s spokesperson, around $10 billion of presumed oil revenue is allocated to these imports.
Institutionalized corruption and embezzlement have an inextricable link with the mullahs' dictatorship in Iran
Institutionalized corruption and embezzlement have an inextricable link with the mullahs' dictatorship in Iran. However, what is new is the courageous uprising of the Iranian youth, which has made the regime's internal factions, in awe of the people's rage, expose each other's looting and point to the other faction as the cause of corruption.