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Main Culprits Behind Economic Woes

Main Culprits Behind Economic Woes
Main Culprits Behind Economic Woes

Iran’s economic problems are multifaceted. This is not aimed at overlooking the incumbent government’s responsibility for the current state of affairs. 
In an article published in the Persian newspaper Ta’adol, economist Hadi Haqshenas elaborates on an array of causes that have led to the deterioration of the country’s economic indices in recent years. Translation of the full text follows:
The Government of Prudence and Hope [led by President Hassan Rouhani] has faced extraordinary situations from the beginning of its term in 2013 up until this year, which is the final year of the administration. 
In fact, not a single government in the postwar years [including the Iran-Iraq war of 1980-88] had such difficult experiences: It started off with sanctions and negative economic growth during the years ending March 2013 and March 2014, during which the economy was moving toward very slow or zero growth. Over those two years and the past three years, US sanctions’ regime was the main reason behind the country’s problems and negative economic growth.  

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