Domestic Economy

Poor Families Living in Rural Areas Bear Brunt of Sanctions


Low-income households living in rural areas bear the brunt of US sanctions while high-income families living in both urban and rural areas reaped the benefits of international sanctions’ removal. 
According to a report by the macroeconomics department of the Plan and Budget Organization, the imposition of international sanctions in the early 2010s resulted in a 10-20% decline in the welfare of all income deciles in Iran. 
The preliminary nuclear agreement in the Iranian year ending March 2014 and the start of negotiations with world powers and ease of some international transactions benefited households in different income deciles but the real improvement in their spending and welfare was realized in 2016 as sanctions were officially lifted. 


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