MEK : Iran Crumbling Economy Will Be Worsened by Raisi’s Budget for 2022-2023
The Iranian regime’s Majlis (parliament) approved the government’s general budget for 2022-2023 with 174 votes in favor and 76 votes against on Sunday, January 9. In the meantime, many regime specialists warn of the budget’s dire economic implications, particularly the regime’s decision to abandon the official exchange rate of 42,000 rials to the dollar. Ebrahim Raisi, the president of the Iranian regime, spoke to the parliament on Sunday, defending his government’s budget. Raisi, as usual, rejected the country’s current economic crisis, which is the result of widespread corruption, incompetence, and ineptitude.
Food inflation has hit 41.5 percent on an itemized basis
“Inflation is presently declining at a rate unprecedented in the recent five decades.” This negative trend is “combined” with a 40% increase in non-oil exports, according to Raisi. Meanwhile, statistics provided by the regime’s specialists contradict Raisi’s outright lies.”As a result of rising inflation and prices of consumer items, housing, and medicine, people’s existing earnings hinder them from making ends meet.” Families have become homeless, and they are now sleeping on buses, graves, water canals, and other places,” said Mohamad Reza Mahboubfar, a regime sociologist, according to the state-run Eghtesad-e Pouya daily on January 8.
According to the Statistical Center of Iran’s manipulated data, the inflation rate has hit 35.2 percent. Food inflation has hit 41.5 percent on an itemized basis. On December 18, Ehsan Khandoozi, Raisi’s Minister of Economy, recognized that Iran is “one of the few countries with the highest inflation rate in the world” under the mullahs’ dictatorship.
Mirkazemi: Many of our friends have doubts about the decision of oil revenue
Raisi also stated that “despite the general notion that we cannot export oil and earn cash, we experienced increased oil exports and revenues” as part of his litany of lies on Sunday. Raisi attempted to justify his choice to create a budget bill based on fictitious hopes of selling 1.2 million BPD of oil by stretching the reality regarding Iran’s low oil exports and income. Meanwhile, Massoud Mirkazemi, the head of the Planning and Budget Organization, debunked Raisi’s statements concerning oil exports on Sunday.
“We believe that exporting 1.2 million BPD will produce cash in [the Persian Year of] 1401. Many of our friends have doubts about our decision. At $60 per barrel, selling 1.2 BPD per day would let us $26 billion. After deducting the National Sovereign Fund’s and the National Oil Company’s shares, 62.5 percent, or $16 billion, remains. Meanwhile, we need to deposit 3.8 quadrillion rials in the treasury to cover present and future expenses. We also have to pay to maintain the official exchange rate. According to the state-run Tasnim News Agency on Sunday, he remarked, “How could this be possible?”
Raisi: the situation is better than at any other time!
The regime’s oil exports have been decimated as a result of broad sanctions. For years, the Iranian leadership has exploited oil profits to fund illegal activities including regional adventurism and the development of a clandestine nuclear program.In a nutshell, Raisi’s assertions concerning oil exports are part of his smoke and mirrors strategy to defuse public outrage.The elimination of the official exchange rate of 42,000 rials to a dollar is the most crucial aspect of Raisi’s budget.
Iran’s governing theocracy stands to gain little, and this decision will do nothing to help the country’s economic troubles. Nonetheless, by eliminating the official exchange rate, consumer goods and medicine prices would skyrocket, putting even more strain on those who are already struggling to make ends meet. Raisi stated on Sunday that he sees “the situation better than at any other time.” We have a bright and hopeful future ahead of us, and everything is in place for us to make critical decisions.”
Raisi is attempting to deceive himself. Daily demonstrations by Iranians from all walks of life against the regime and its policies, as well as their chants, reveal that Iran’s society is on the point of exploding.
Iran has large natural resources and the potential to improve the lives of all Iranians. In addition, Iran owns 7% of mines of the world, the largest hydrocarbon sources (Oil and Gas) in the world, 9.3% of the world’s oil, and 18% of the world’s gas, and Iran itself has more natural sources than the entire EU area.