Friday 27th Apr 2018 

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  • English
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Iran's Strange Economic Decision

NCRI Staff

NCRI - Earlier this month, the leaders of Iran made the announcement that the country’s official assets will no longer be denominated in US dollars, they will now be listed in euros. The news is baffling and has been seen as the Iranian regime taking a petty move against the United States.

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Iran Regime's Internal Disputes Over Currency Crisis

NCRI Staff

NCRI - The Iranian regime is facing crisis on numerous fronts. The people have been calling for regime change and have held anti-government demonstrations in which they condemn the corruption which has engulfed all levels of the country’s leadership.

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Iran: $27 Billion Transferred Abroad in 2017

NCRI Staff

NCRI - In an interview with state-run ILNA news agency, Haydar Hosseini, an Iranian economist, referring to the report by International Monetary Fund said that in 2017 around $27 billion of foreign currency had been withdrawn from the country and transferred abroad, which was implicitly endorsed by the head of the Iranian parliament’s economic committee.

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Iran Regime Allowing Energy Infrastructure to Crumble

NCRI Staff

NCRI - The Iranian Ministry of Energy revealed in its annual report that Iran’s nominal power generation capacity increased by 3% in the previous fiscal year to around 78.9 GW.

This report seems positive at first, but, importantly, the figures are only nominal. The country’s actual power generation capacity is less than 68.5 GW, mainly due to ageing power plants.

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Iran Economy Still in Turmoil

NCRI Staff

NCRI - Iran’s economy is still suffering, even after drastic measures were taken to put restrictions on dollar trading.

A week ago, the Central Bank of Iran (CBI) imposed tough measures to try and restore the Iranian rial’s value. The measures were based on open market exchange rates.

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Iranian Workers Suffering Regime's Naked Oppression

NCRI Staff

NCRI - No matter where they work, Iranian workers have to go through an oppression coming from every side in Iran under the rule of mullahs.

Comparing the minimum wage, insurance plans, cost of treatment, labor law and many other issues in Iran and other countries could reveal the depth of injustice Iranian workers are subject to.

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