The Many Sides of Iran’s Economic Troubles

The Many Sides of Iran’s Economic Troubles

By Dr. Hooshang Amirahmadi

The Iranian economy continues to face serious difficulties, with seemingly no solution in sight. The one area which the Rouhani government wishes to take credit for is with regards to inflation. Indeed, under the presidency of Hassan Rouhani, the inflation rate has reduced significantly relative to the tenure of his predecessor, Mahmoud Ahmadinejad. However, as critics have maintained, this decrease has been due primarily to the ongoing recession that plagues the country, rather than government policies. For the most part, the country remains mired in a deep economic depression, with little to show in way of recovery for the average Iranian.

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