NCRI

A Member of Iranian Regime’s Majlis: We Are Facing a Fatal Recessional Inflation

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NCRI – On March 29, Hamid-Reza Haji Babaee, a member of the regime’s Majlis, acknowledged that there is a fatal recessional inflation occurring within the country and said, “We are facing a fatal recessional inflation. Gentlemen! We have only created jobs for other countries! 28 billion of the country’s income has been swallowed up by official companies.”

This Majlis member mentioned the continuous growth of unemployment in the New Iranian year and said, “Statistics show that, as we adopted in our sixth program and the government confirmed, at the beginning of the year the unemployment rate is 12.6 percent. This shows a continuous growth of unemployment. Today, everyone knows that we are facing a fatal recessional inflation.”

He noted that Iran’s current economy and current economic actions cannot answer the needs of the Iranian people. “On one hand we are sabotaging our national economy and our national production with influence of rooted and smugglers in our political and economic affairs that has paralyzed our national production and has turned our people and our producers dependent to foreign products,” Babaie said.

Using the high price of gas as an example, he said, “There is no economic calamity worse than hearing that imported gas is cheaper than our national gas production, so we have to import it.”

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