57 Million Below the Poverty Line: Iran Regime Parliament Predicts
57 Million Below the Poverty Line: Iran Regime Parliament Predicts By Jubin Katiraie The Iranian Parliament’s Research Center published a report in which figures for the next 12 months show that between 23 and 40 percent of Iran’s population will soon be living under the absolute poverty line . This report displays the damage that runaway inflation has caused the Iranian economy over the last couple of years. In fact, the Iranian calendar year, which began March 21st, 2018 and ran through March 20th, 2019, saw the inflation rate reaching 47 percent, and the economy dropping to a negative growth rate. Last year the rate of absolute poverty only applied to 16 percent of the Iranian population, according to the report. This rate has increased to between 23 and 40 percent and continues to rise. The declining real income in households during the current year will find more Iranian people having difficulties paying for basic necessities. Iran’s increasing unemployment...