Poverty on the Loose

The share of people living below absolute poverty line from the total population stood at 15% from the fiscal 2013-14 to the fiscal 2017-18, but it hit 30% in two years, i.e., from the fiscal 2017-18 to the fiscal 2019-20. 
The poverty line has increased to 110 million rials ($392) in the current Iranian year (2021-22) while a worker’s minimum wage is less than 40 million rials ($142), reported the Persian monthly Ayandenegar, a publication of Tehran Chamber of Commerce, Industries, Mines and Agriculture. 
Poverty in today’s Iranian economy is like a dead end; it is impossible for the people struck with such poverty to get out of it soon. The social consequences of poverty trap, which the society cannot break free in the long run, have raised the alarm for policymakers.