MEK Iran: Regime´s Destructive Policies Worsen Iran´s Economy
Hossein Ghorbanzadeh, the chairman of Iran’s Privatization Organization, previously stated that approximately 525,000 properties have been registered in the SADA system, but that this number must be much higher for properties owned by regime officials and institutions, which they are not registering and hiding from the public.
The number of properties owned by the officials is higher
In an interview with the state-run news agency Tasnim, he added that despite the fact that these properties should generate revenue, they are wasting it. This is due to poor management, which has resulted in the squandering of these properties. And he went on to say that, sadly, this has become a rule, which is one of the causes of corruption and is undermining the country’s economy.
He went on to say that 525,000 properties have been registered in the SADA system, with 314,000 belonging to government executive systems and the rest to other systems. This is despite the fact that around 3 million homes have been registered in Turkey. And, given Iran’s size and population, the number of properties owned by the government’s executive systems must be substantially higher, and the regime’s leaders have hidden the majority of them.
The (IRGC) and others have taken over several properties.
He said that the heads of all parts of government, as well as so-called private-governmental organizations and institutions, own a large number of properties and structures. The Revolutionary Guards (IRGC) and other military entities have taken over several non-military properties. They even take over subjects that belong to medical science universities.
According to the most recent regime statistics, inventories amounting to two times the country’s liquidity have been identified; this is something that Mohammad Reza Pur Ebrahimi, chairman of the regime’s Parliamentary Economic Commission, has admitted, demonstrating the magnitude of the wealth in the hands of regime officials.
The government’s properties are worth $634 billion, according to estimates. The government has barred all of these fields, despite the fact that these lands may be utilized for urban growth. The regime can administer the country for approximately 12 years with this $634 billion, although the government’s budget is barely $58 billion.
But the regime trades oil for more dollars
If we want to see how much of a disaster this corruption has caused, we only need to look at the government’s budget data.
The administration estimates that they will be able to sell 1.2 million barrels of oil. While there is no official figure for the regime’s oil sales, estimates imply that the government was only able to sell 600,000 barrels.
The remarkable aspect is that the government has quadrupled its oil sales forecasts for next year’s budget, despite the fact that they are not depending on the sanctions being lifted. Even if we estimate that the government would be able to sell 1.2 million barrels next year, the money will have difficulty accessing the country’s economy.
The only way to reduce the exchange rate in a short period of time is for the regime to raise export income so that it can inject more dollars into the market. But the reality is that the regime trades oil, so anything like this is really a mere illusion. If factored in, the 44 percent rate of inflation, the magnitude of the disaster becomes clear.
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