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The economic crisis is pushing Iranian families into a survival economy

Middle East 1 source 1 country 🔦 Under-reported 4m ago

Economic instability in Iran has forced numerous families into a state of survival, where traditional employment no longer provides a standard of living consistent with basic dignity. This shift is occurring amidst a period of significant national hardship as of mid-October 2024.

The current crisis is attributed to a combination of external and internal pressures, specifically the impact of ongoing regional conflict, maritime blockades, and long-standing international sanctions imposed by the United States. These factors have collectively eroded the purchasing power of Iranian households, necessitating a transition toward subsistence-based economic strategies.

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Read the full story at the source Infobae (Buenos Aires, Argentina) · AR ↗
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