The National Council of Resistance of Iran (NCRI), and the People’s Mujahedin of Iran (PMOI / MEK Iran), reported that in the current circumstances, Iran is rated fourth on the list of the ten countries with the highest inflation growth, following countries such as Venezuela, Sudan, and Zimbabwe, according to global statistics.

Triple-digit inflation

Many government analysts believe that if current economic conditions and inflation continue, triple-digit inflation and the emergence of a ‘Venezuelan economy’ will occur within a short amount of time and that Iran’s economy will be driven into collapse.

Masoud Daneshamand, a member of Iran’s chamber of commerce, commented in this regard:

“If Iran’s economy continues this trend, the country’s economy will become a Venezuelan economy. Venezuela’s economy is a collapsed one. If we are not able to solve our problems in these fields, we will pass the same path as Venezuela and the devaluation of the national currency, inflation, unemployment, etc. will increase.”

As per Daneshamand, the state-run daily, Setareh-e-Sobh, reported on 5 October that, “Inflation will rise like now if it is now 40 percent, it will reach 55 percent at the end of the year. The number of 55 or 60 percent for inflation is too much.”

 

 

A surge in emigration among the country’s youths

A surge in emigration among the country’s youths, particularly students and educators, would be the effect of such a disastrous economy. In response to the astonishing numbers of Iranian emigrants, a government analyst stated:

“Iran’s population is estimated to be around 80 million people. Because, according to official IMF numbers, our country loses 500,000 people each year. “In 2019, Iran’s statistics center put the figure at 700,000,” the state-run daily Jamaran wrote on August 7.

According to current figures, over 250,000 Iranian engineers and physicians, as well as over 170,000 Iranians with higher education, live in the United States, and more than 15% of Iran’s human capital has emigrated to the United States and 25% to Europe. There are currently 108,000 doctors in the country, including general practitioners, specialists, and dentists.

 

 

The regime’s repression of individual freedoms

Due to domestic constraints and the regime’s repression of individual freedoms, many of the country’s elite have also departed. They now live in another country, which has extinguished out all hope and motivation in them to contribute to the development of their homeland. If these elites were inside the country, they could undoubtedly assist in the resolution of the country’s problems. But that is the regime’s most recent preoccupation, as the country is being burned to the ground.

“Statistics show that along with the migration of scientific experts of physicians and engineers, we are witnessing a growing migration of teenage figures from among the Olympiads and those accepted in different academic disciplines in the privileged ranks of the entrance exams, which at the discretion of families to continue their education and map the horizon of a bright future,” said the state-run daily Jahan-e-Sanat on October 4, about the migration of the country’s specialists especially the elite youths.

 

 

Unfavorable social and welfare conditions

The recent economic crises, as well as unfavorable social and welfare conditions, have resulted in a large increase in the number of Iranian students migrating abroad, and this trend is continuing, implying a loss of human and financial capital for a developing country.

Domestic migration has been sparked by the country’s social and economic challenges, and many poor individuals from small villages and counties have been forced to the metropole margins. Something that has exacerbated social problems, particularly among youths.

 

 

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