Eye for Iran | Ep 44 | Iran ensures military gets paid, people struggle
Ordinary Iranians are bearing unprecedented economic pain as their Islamic government's row with its hated enemies Israel and the United States ramps up and Tehran prioritizes military spending to shore up defense and its regional clout. Iran implemented a 200 percent increase in military spending for the Persian year beginning this month and will aim to boost revenue through higher taxes despite a big deficit and a moribund currency besetting the economy.According to Mahdi Ghodsi, an economist at the Vienna Institute for International Economic Studies, and Mohamad Machine Chian, a senior researcher at the Center of Governance and Markets at Pittsburgh University, Iran’s leadership continues to prioritize military spending on proxy wars and the Revolutionary Guards over the welfare of its own citizens.Speaking on the program Eye for Iran, Ghodsi and Machine Chian said the Iranian government has no concrete plans to provide economic relief for its citizens in this year’s budget. But will this economic crisis lead to the downfall of Iran’s clerical establishment?Watch Eye for Iran to hear insights from the experts.#iran #trump #usa #news #podcast #shorts #youtube #economy