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Iran to face increased famine, protests in coming weeks: expert

iran protests
Iranian economist Hossein Raghfar, a professor at Alzahra Univeristy in Tehran, has predicted that his country would face more famine and protests in the coming weeks.

Raghfar warned of the so-called "economy of fraternity" between the supporters of the government and influential in power, expecting Iran to witness famine and rebellion by the Iranian people in the coming period.

He added that famine will rise with the rise in exchange rates, with the Iranian rial plummeting under renewed and upcoming sanctions put in place by the administration of US President Donald Trump, while mafia networks are smuggling oil, an otherwise important source of revenue for the state.

Raghfar questioned government statistics on inflation, saying the country had seen an inflation rate of 50 percent just in October, while the rate is expected to reach 80 or 90 percent by the end of the year.

The economist also predicted the destruction of more than 1 million jobs, adding to the current unemployment crisis.

Raghfar criticized the regime of Iran’s Supreme Leader Ali Khamenei, saying that it had created this situation in the country.
Last Modified: Tuesday، 23 October 2018 02:23 PM