Iran Facing Toughest Economic Situation in 40 Years: President

Date:

Iranian President Hassan Rouhani. — File photo

GENEVA (Reuters) — Iran’s president said on Wednesday the country was facing its toughest economic situation in 40 years, and the United States, not the government, was to blame.

US President Donald Trump last year pulled out of an international nuclear deal with Iran and re-imposed sanctions.

Workers, including truck drivers, farmers and merchants, have since launched sporadic protests against economic hardships, which have occasionally led to confrontations with security forces.

“Today the country is facing the biggest pressure and economic sanctions in the past 40 years,” Hassan Rouhani said, according to the presidential website.

“Today our problems are primarily because of pressure from America and its followers. And the dutiful government and Islamic system should not be blamed,” he added.

Rouhani spoke at a ceremony at the shrine of the founder of the Islamic Republic, Ayatollah Ruhollah Khomeini – part of a series of events leading up to the 40th anniversary of the February 11th revolution.

Iran’s rial currency has fluctuated in value in recent months, making it difficult for ordinary people to make ends meet.

theclarionindia
theclarionindiahttps://clarionindia.net
Clarion India - News, Views and Insights about Indian Muslims, Dalits, Minorities, Women and Other Marginalised and Dispossessed Communities.

Share post:

Popular

More like this
Related

UN Chief Warns of ‘Massive’ Death and Destruction in Gaza, Seeks Ceasefire

UN Secretary General Antonio Guterres speaks at the sidelines...

Majority of Americans Back Recognition of Palestinian Statehood: Polls

According to the finding of a new poll, 65...

Court Defers Hearing of Sambhal Shahi Jama Masjid-Temple Case to August 28

NEW DELHI -- A court in Chandausi on Thursday deferred the...

Muslim Voters in Bihar’s Harlakhi Tend to Oscillate Between Different Alliances

The constituency is home to over 41,000 Muslim voters....