New statistics from Iran’s Central Bank show that under Ebrahim Raisi’s administration, the government’s debt to the banking system surged by 148%. Additionally, liquidity surpassed 90 quadrillion rials (approximately $139.86 billion), more than double the amount when Raisi’s government took office in 2021. The latest Central Bank report indicates that by August of this year, […]| Iran Focus
The chaotic state of banks in Iran is one of the main causes of the country’s economic crisis. Instead of playing a supportive role in production, they have become tools serving the ruling establishment. This shift has led to an increase in debt and inflation. The latest list of major bank debtors, dated mid-December 2024, […]| Iran Focus