Iraq: Analysts: Iran spends Hundreds of Millions on Terrorism at the Expense of The Iranian Citizen

Sulaymaniyah- Iraq   22.09.2020

Specialists pointed out that Iran will witness an economic crisis if the US sanctions weren’t lifted. The Iranian currency value had deeply fallen into an unprecedented rate leading to financial hardships. President of Iran, Hassan Rouhani had nothing to say that would please the people, but repeated rhetoric during the government economic team meeting. He claimed that US sanctions, crossing borders’ closures following Corona Virus outbreak, and the decline in exports all contributed to limiting foreign currency exchange. It is worth mentioning that Iran annually spends millions in funding terrorism, despite economic downturns that led most families into abject poverty