Sunday, April 30, 2017

Middle East proxies’ ration of Iranian economy

There is a fundamental question about Iran’s economic status quo: More than one year after the lifting of international sanctions, why is the economy riddled with crises and even deteriorated in various regards?
In response to this question, Iranian affairs analysts cite various elements, including poor infrastructure, widespread corruption, political instability, numerous risks facing investments, and unfounded laws. But there are also factors created by the foreign policy choices of Iran’s theocratic government.
In this regard, one must undoubtedly take into consideration the heavy cost of Iran supporting terrorist proxy groups scattered across the Middle East. Iran’s fiscal budget bill (from March 2017 to March 2018) has allocated over 859 trillion rials (equal to $24.5 billion) for military and security affairs. This is 23 percent of the country’s general budget.

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