Zamaneh Media
  • Latest Articles
  • Latest News
  • About Zamaneh Media
    • Exiled Media Report
    • Sponsors
    • Donate
    • Contact us
    • Legal
  • Advertise
No Result
View All Result
  • Latest Articles
  • Latest News
  • About Zamaneh Media
    • Exiled Media Report
    • Sponsors
    • Donate
    • Contact us
    • Legal
  • Advertise
No Result
View All Result
Zamaneh Media
No Result
View All Result

MP blames administration for worsening economy

by Zamaneh Media
January 18, 2013
in Latest Articles
Reading Time: 2 mins read
0
MP blames administration for worsening economy
Ahmad Tavakoli

Iranian MP Ahmad Tavakoli says the Iranian currency has fallen in value by 55 percent in the past year, and he blamed the Ahmadinejad administration’s economic policies for exacerbating the economic problems caused by international sanctions.

The Mehr News Agency reports that the Member of the Parliament’s budget committee announced during its monthly meeting at the Iranian Chamber of Commerce that the foreign currency exchange rate must become one regulated rate and the subsidized government rate must be scrapped.

Currently, the government offers a reduced rate of exchange for the dollar for a limited set of business transactions, while the dollar trades on the open market for at least 10,000 rials over that rate.

Tavakoli added that Iranian consumers need to be supported through the introduction of a series of coupons and the rationing of staple goods.

Tavaloki stressed that while 15 to 20 percent of the rise in the cost of transactions can be attributed to the international sanctions, the rest of the economic fluctuations have arisen due to the government’s economic policies.

He confirmed, however, that sanctions have made access to foreign currency revenues more difficult and more costly.

Tavakoli referred to the five-fold rise in cash liquidity in Iran over the past six years, saying it is one of the main reasons for the fluctuations in the currency market.

Mahmoud Ahmadinejad, in his latest interviews on state television, claims Parliament is trying to downplay the effects of the international sanctions on the economy.

The head of Parliament, Ali Larijani, recently said that the administration “should not hide behind the sanctions.”

The Eu and U.S. sanctions imposed on Iran since Last July have reduced Iran’s oil revenues by 50 percent. Experts report that the administration depends on oil revenues for 80 percent of its budget.

Previous Post

Atomic agency official says no deal yet with Iran

Next Post

Dead blogger’s lawyer calls for speedy justice

Related Posts

Suppression of the Teachers and Bus Drivers Protests: Download Zamaneh’s Quarterly Labor Rights Report
Latest Articles

Suppression of the Teachers and Bus Drivers Protests: Download Zamaneh’s Quarterly Labor Rights Report

July 31, 2022
Woman protesting for abortion rights in Los Angeles.
Featured Items

“Wake Up, the Sky Is Falling!”: The Unsettling Reversal of Abortion Rights for American Women

July 20, 2022
Iranian Official Sentenced to Life Imprisonment: War Crime Trial of Hamid Nouri in Sweden
Latest Articles

Iranian Official Sentenced to Life Imprisonment: War Crime Trial of Hamid Nouri in Sweden

July 14, 2022
Kidnapping Iranian Children for Sex: The Role of Patriarchy and Religion
Latest Articles

Kidnapping Iranian Children for Sex: The Role of Patriarchy and Religion

June 23, 2022
A story from Qarchak prison: the gang that sells girls’ virginity for men’s sexual pleasure
Featured Items

A story from Qarchak prison: the gang that sells girls’ virginity for men’s sexual pleasure

June 21, 2022
Mazut Production in Iran: Human and Environmental Devastation for Nothing
Featured Items

Mazut Production in Iran: Human and Environmental Devastation for Nothing

June 18, 2022

RSS Iran in Other Media

  • Iran says Salman Rushdie and supporters to blame for attack - The Irish Times August 15, 2022
  • Iran tanker retrieves oil seized by U.S., set to leave Greece - Reuters.com August 15, 2022
  • Nuclear talks positive but expectations not fully met, Iran says - Al Jazeera English August 15, 2022
  • Iran Vows to Give Response on Nuclear Deal Text on Monday - Bloomberg August 15, 2022
  • Oil Extends Losses as Traders Weigh Iran Supply, Demand Outlook - Bloomberg August 15, 2022
  • Oil drops as China data disappoints, Iran talks in focus - Reuters August 15, 2022
  • Iraq has no hope of political change coming via Iran or the US - Middle East Monitor August 15, 2022
  • Iran's Rushdie fatwa radicalized an entire generation of Muslims - Haaretz August 15, 2022
  • Rushdie improving, Iran denies role - Crikey August 15, 2022
  • French academic back in Iran prison after 5-day leave: supporters - Al-Monitor August 15, 2022
  • Viral Video Shows Johnny Depp's Lookalike At A Religious Ceremony In Iran - NDTV August 15, 2022
  • Iran denies being involved in attack on Salman Rushdie - KSLA August 15, 2022
  • Nuclear Deal Can Be Reached if Iran's Red Lines Are Respected - Foreign Ministry - U.S. News & World Report August 15, 2022
  • Iran's Foreign Ministry denies Tehran was involved in assault on Salman Rushdie, in first public statement on attack - ABC News August 15, 2022
  • Nuclear deal can be reached if Iran's red lines are respected -foreign ministry - Reuters.com August 15, 2022
  • Analysis: Iranian nuclear deal limbo serve both sides - Reuters August 15, 2022
  • Afghan troops fled to Iran amid Taliban takeover, GOP report says - Military Times August 15, 2022
  • Israeli strikes hit Iranian targets near Russia’s Mediterranean bases: Sources - Al Arabiya English August 15, 2022
  • Iran state media hardliners say Donald Trump and Mike Pompeo are next after Rushdie stabbing - Daily Mail August 15, 2022
  • NYC's overblown migrant crisis, Iran's threat and other commentary - New York Post August 15, 2022
Zamaneh Media

© 2020 Zamaneh Media

More information

  • Sponsors
  • Donate
  • About us
  • Contact us
  • Legal

Follow Us

No Result
View All Result
  • Latest Articles
  • Latest News
  • About Zamaneh Media
    • Exiled Media Report
    • Sponsors
    • Donate
    • Contact us
    • Legal
  • Advertise

© 2020 Zamaneh Media