NCRI - According to the News, the short-term foreign debts of the Iran regime has increased by 900%. The state-run websites on August 17, 2017, reported, "The Central Bank of Iran recently announced that the balance of payments in June 2017 indicates an increase of foreign debts in the 11th government. According to this report, the amount of short-term foreign debts reached $754 million dollars when Rouahni took the office in the first round. The debts have gone up and down over the past 4 years and they finally reached 3 billion and 472 million dollars with an increase of 360% by this year.
NCRI - According to the state-run Fars news agency, affiliated to Revolutionary Guards (IRGC), the review of the Iranian banks’ financial statements from 2013 to various seasons of 2016 shows that the banks' profits have fallen sharply during this time period, and even some banks have suffered heavy losses.
Latest reports indicate that at least eight banks have suffered losses, and it appears that if there are audited financial statements for all banks in the year 2016, the number of banks that suffered heavy squandering will increase substantially.
NCRI - With the closure of the Asal (honey) ice cream factory in the city of Sanandaj, in Kurdistan province, 120 workers of this old factory were unemployed. The employer says: “The facilities that were promised to us were not paid.”
The state-run ILNA news agency reports that the ice cream factory “Honey of Kurdistan” has been closed for months, and workers are unemployed for nearly five months.
NCRI - According to the Iranian regime’s state-owned media on August 7, 2017, China has announced an unprecedented measure of blocking accounts of affiliated Iranian authorities due to US-imposed international sanctions.
The state-run Mehr news agency wrote: “China has blocked Iranian accounts in ABC, ICBC, and MERCHANT banks.”
NCRI - With unemployment turned into Iran’s national crisis and a significant part of the unemployed being university graduates, the question kept being asked is why unemployment rate among country’s university graduates is on the rise?
Unemployment crisis is the issue which has always been the subject of economic experts’ discussions. Job market experts believe that along with fundamental changes the country’s employment space has experienced over the past couple of decades, it has also suffered serious damages as much.
NCRI - 5 working-class laborers have lost their lives during work on Thursday, August 3, 2017, due to lack of safety controls, according to the reports.
The state-run ILNA News in a report on Thursday, August 3, 2017, wrote, "The three workers were buried under the flying debris caused by the excavation operation in Garmdareh, Alborz Province. The bodies were taken out of the rubble in hours."
NCRI - The state-run Mehr News on August 2, 2017, writes, "The life span of buildings reach 25 to 35 years in the country while some countries have buildings with life spans of 200 to 300 years; a number that is far from Iran's figure.
The life spans of buildings in Iran are one-third of the global standard whereas the number of 100-year-old buildings increases in the world. The life spans of buildings in Iran are estimated at 30 years on average. It is even anticipated that this figure reaches to 20 years as a number of unskilled and inefficient people are entering the construction market."
NCRI - The Central Bank of Iran announced the inflation rate at 10.3% in June 2017; a two-digit increase in the index. The Government's Spokesman, Mohammad Bagher Nobakht had earlier quoted the Statistical Center of Iran that the inflation rate reached 7.6% in June. The figures presented by two economic centers on the inflation rate of this month vary by 2.7%.
NCRI - According to the Arman newspaper, July 25, 2017, Gholamreza Heidari, a member of the regime's parliament, admitted that the Court of Audit had ordered the detention of some former commanders of the police in the 600 billion-tomans oil sale case.
Tehran's representative in the regime's parliament wrote on his telegram channel: