October 2024
200% Increase in Military Spending in the Islamic Republic's 'Borrowed Budget'
The Iranian government announced a 200% increase in military spending for the next budget year, citing the need to strengthen defense capabilities. Critics argue that…
At Least Half of Iran's Oil Revenues Will Be Spent on Armed Forces
Iran's budget for 1404 allocates 47% of oil revenues to the armed forces, significantly increasing military funding. This reflects the government's prioritization of military spending…
Inflation on the Rise; Isfahan Records Highest Inflation, Service Inflation Exceeds 40 Percent
Inflation in Iran has risen significantly, with service inflation exceeding 40 percent and Isfahan province recording the highest annual inflation rate at 36.9 percent. The…
Parliament Research Center: Government Will Not Meet Projected Oil Revenues This Year and Next
The Iranian Parliament Research Center has reported that the government will not meet its projected oil revenues for this year and next, citing a significant…
Severe Decline in the Value of the Rial Against the Afghan Currency
The value of Iran's rial has sharply declined against the Afghan currency, with one Afghan now worth over 1,000 tomans. Experts attribute this decline to…
Cultural Pensioners Gather in Shiraz; Rising Dollar Prices and a Retiree's Account of Buying Meat on Credit
Cultural pensioners in Shiraz protested against rising living costs and demanded attention to their grievances as the dollar price hits 69,000 tomans. The protests reflect…
A Union Official: The Rise in Dollar Rates is a Factor in the Increased Prices of Foodstuffs
The head of Tehran's Supermarket Union has attributed the recent surge in food prices to the rising dollar rate and its effects on production costs.…
Shadow of War and Recession Over Iran's Economy; Gold and Currency Prices Hit Record Highs
Iran's economy is facing severe challenges as the US dollar price hits a record high of 68,000 tomans amid ongoing political tensions with Israel and…
Government Seeks 20% Wage Increase; A Trade Group: It Only Means Making the Poor Poorer
The Iranian government plans to increase wages by 20%, but labor groups argue this is insufficient given the inflation rate exceeding 34%. Activists claim this…
Fourfold Increase in Armed Forces' Share of Iran's Oil and Gas Export Revenues
The Iranian government plans to allocate 51% of its oil and gas export revenues to the armed forces in the 1404 budget, significantly increasing their…
Head of the Water Industry Confederation Declares Iran's Water Situation 'Critical'
The head of the Water Industry Confederation has declared Iran's water situation critical, requiring massive investment to address the crisis, particularly in Tehran. The ongoing…
Iran's Government Debt to Banks Has Increased 'Two and a Half Times' in Three Years
Iran's government debt to banks has surged significantly during Ebrahim Raisi's presidency, with liquidity levels more than doubling since he took office. This financial crisis…
94 Billion Tomans Paid from 4,500 Billion Tomans Tax on Luxury Residential Owners
The Iranian government has collected only 94 billion tomans from luxury property taxes amounting to 4,463 billion tomans, highlighting widespread tax evasion among the wealthy.…
Mehdi Saberi, Asian Weight Throw Champion: My Concerns Are Rent and Nutrition
Mehdi Saberi, an Iranian weight throw champion, expresses his struggles with financial support despite his achievements in athletics. He highlights the lack of assistance from…
Escalation of Sentences Violating Human Dignity; Request for 'Hand Cutting' of Eight Thieves in Tehran
The Tehran prosecutor's office has requested the hand cutting of eight thieves accused of stealing 5 billion tomans worth of goods. This move has drawn…
The Price of Warm Clothing in Iran Has Become 'Astronomical'
The prices of warm clothing in Iran have skyrocketed, causing significant financial strain on families and leading many to either forgo purchases or buy second-hand…
Minister of Economy Reports Budget Shortage and Withdrawal from the National Development Fund
Iran's Minister of Economy reported a budget deficit for 1403, leading to withdrawals from the National Development Fund to cover shortfalls in targeted subsidies and…
Iran's Ministry of Agriculture Claims Self-Sufficiency Despite Wheat Imports
Iran's Ministry of Agriculture claims self-sufficiency in wheat production despite significant imports, with statistics contradicting the official narrative. The government has faced challenges in settling…
Unemployment Looms for Female Farmers in the South; Employers Prefer to Hire 'Illegal Immigrants'
Female farmers in southern Iran face imminent unemployment due to low wages and competition from illegal immigrants. Experts warn that this situation could worsen the…