Iran recognized the economic collapse

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Photo: Nazanin Tabatabaee Yazdi / Reuters

Iran is experiencing a severe economic crisis in its recent history, said the President Hassan Rouhani, quoted by his official website.

“Today our country is under pressure and economic sanctions, the most severe for last 40 years. Today we are faced with pressure from America and its followers,” said Rouhani.

According to him, the problems of the country is not the fault of “good government or the Islamic system”, and US authorities are “definitely failed” in trying to wage against Iran sanctions policy.

The President’s speech was timed to coincide with the 40th anniversary of the Islamic revolution in Iran, which ended on 11 February 1979. At its end the country had abolished the monarchy and installed the Islamic Republic, the Supreme leader which is considered to be the spiritual leader — the Ayatollah. Now this position is occupied by Ali Khamenei.

In 2018, the United States withdrew from international transactions related to the Iranian nuclear program and imposed sanctions against Tehran. They include a ban on dollar transactions for the local Central Bank and an embargo on Iranian oil exports. As a result of local currency, the Rial, has weakened by more than two times.

Video, photo All from Russia.



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