Iran’s Supreme Leader Ali Khamenei declared the Persian New Year of 1402 as “the Year of Controlling Inflation and Growth of Production.” However, a month into the new year, it is clear that the Iranian government has failed to achieve either of these objectives.
The country’s already-low production rate has fallen back, while inflation is soaring dramatically. This situation has led to an alarming surge in housing and food prices, which is putting a severe strain on the Iranian people.
According to the state-run Jamaran website, the point-to-point inflation of food items and house rents has increased by 60% in a month. The Iranian government has failed to curb the exorbitant prices of essential commodities such as eggs, poultry, and oil. The failure of the government to control inflation has made it difficult for the average Iranian to afford housing and rent, let alone buy a house
President Ebrahim Raisi, who made hollow promises such as “creating a million house units a year” and “eradicating poverty in two weeks,” has failed to fulfill his promises. Instead, more Iranians are pushed under the poverty line, and many cannot afford to pay their rent due to the rising inflation. The exorbitant surge in housing prices has ruthlessly crushed the hopes and aspirations of destitute Iranian laborers who are struggling to make ends meet.
Despite promises to fight inflation, drop the prices, and build four million homes, according to the Central Bank of #Iran, #housing prices in Iran have soared sharply since #EbrahimRaisi took over the government.https://t.co/mZii0UoZCh
— NCRI-FAC (@iran_policy) April 26, 2022
The Ministry of Roads and Urban Development’s figures reveal that housing expenses are consuming a staggering 70% of household earnings. With nearly 40 million working families, it would take them an impossible 42.5 years to afford a 75-meter housing unit. This situation has forced more than half of Tehran’s population and 42% of other cities’ residents to resort to renting due to the skyrocketing property prices.
President Raisi’s attempts to control inflation have been utterly ineffective, despite his repeated orders. In September, he created a committee to monitor inflation, which failed to produce any tangible results. In March, he ordered the creation of another working group, which also failed to address the issue. As a result, several MPs have demanded his resignation.
The people of #Iran demand immediate action, change, overthrow, and freedom. They demand bread, jobs, and housing. They demand the immediate abolition of all government coercions, including the compulsory hijab#FreeIran pic.twitter.com/gYi149uPh5
— Maryam Rajavi (@Maryam_Rajavi) April 1, 2018
The infighting has intensified to the point that Khamenei urged the heads of three branches to stay united. The escalating infighting is proof positive of Khamenei’s abject failure. Raisi’s inability to address the country’s mounting crises has added fuel to the fire of societal restiveness. Given the recent major uprising that has shaken the regime to its core, this could well be the straw that breaks the camel’s back, accelerating the demise of the ruling theocracy.
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