Domestic Economy
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Buckle Up for More Poverty

Buckle Up for More Poverty
Buckle Up for More Poverty

How will the Iranian economy and the livelihoods of Iranians fare in the coming years? Not a favorable one, given the current governing approaches and the dismal economic indicators. Note that over the past 50 years, inflation has been a fixture in Iran’s economy, an uninvited guest of Iranian families. 
These were stated by Vahid Shaqaqi-Shahri, an economist, in an article for the Persian daily Ta’adol. A translation of the text follows: 
Statistics show that long-term inflation in Iran has been 20%. It is perhaps among very few countries that has experienced double-digit inflation for years. 

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