IFP Exclusive

Iranian lawmaker rips into Raisi administration over runaway inflation

An Iranian lawmaker has criticized the President Ebrahim Raisi administration’s “incompetence” for failing to contain high inflation.

Shahriar Haydari, who sits on the Iranian Parliament’s National Security and Foreign Policy Committee, told Rooydad 24 news outlet on Monday that inflation “is rising by the day and there seems to be no ‘containment of inflation and growth in production levels.’”

He was referring to the motto of the year as determined by Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei on New Year’s Day.

Haydari compared the Raisi administration to that of former President Hassan Rouhani and said the incumbent has fared “by far better than the previous administration in terms of resources and revenue.”

“Except that the former administration was able to contain inflation to some extent and enhance livelihoods, but this administration… has not,” the Iranian lawmaker said.

“These are clear instances of how the former administration had capable managers and this one has incompetent ones.”

Raisi has said his administration’s main plan is to control inflation and bring about sustainable economic growth.

His administration has set the tackling of inflation and currency devaluation in Iran as priorities for the 2023-2024 budget presented to the Parliament.

Still, an Iranian daily that is said to be close to Iranian Parliament Speaker Mohammad Bagher Qalibaf recently cited official records to say that the inflation rate in Iran set a new record high of 45.8% in March.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

Zelensky claims west afraid of both Russian, Ukrainian defeat

Ukrainian President Volodymyr Zelensky has denounced the west for its ban on using Western-donated weapons…

49 mins ago

Gantz demands overhaul of Netanyahu’s post-conflict vision for Gaza

Israeli politician Benny Gantz has demanded an overhaul of Prime Minister Benjamin Netanyahu’s post-conflict vision…

57 mins ago

Israeli military says recovered another captive slain in Gaza

The Israeli army confirmed its soldiers have retrieved the body of Ron Benjamin in Gaza.…

2 hours ago

Iran confirms holding indirect talks with US in Oman

Tehran is holding indirect negotiations with Washington's representatives in Oman, Iran’s permanent mission to the…

3 hours ago

Iran Health int’l exhibition underway in Tehran

The Iranian capital Tehran is hosting hundreds of medical, dental and pharmaceutical companies from dozens…

3 hours ago

UN says 800k ‘forced to flee’ Gaza’s Rafah

The head of the United Nations agency for Palestinian refugees announced that 800,000 people had…

3 hours ago