It's the economy: grim livelihoods explain Iranian anger

It's the economy: grim livelihoods explain Iranian anger

ایران اینترنشنالworld

Key Points:

  • Iran’s government plans to issue monthly coupons worth one million tomans (~$7) to citizens to offset the removal of a subsidized exchange rate for essential imports, a policy that has already driven prices up by 20-30%.
  • Economists and media outlets have criticized the plan as an “economic gamble,” questioning its ability to stabilize prices or restore public confidence amid Iran’s severe currency devaluation and fiscal constraints.
  • The ongoing nationwide protests, now in their ninth day, reflect broader social and political grievances beyond inflation, with analysts warning that Iran is nearing a critical societal breaking point due to accumulated unresolved challenges.
  • Iran’s strategic focus remains on maintaining its military capabilities, especially ballistic missile development, despite economic pressures and sanctions that limit resources available