Report

rss

Iraq News

Kurdistan

Economy

World

All News

Report: Half of Iranians live in Poverty

Category: World

Date: 2020-10-08T17:09:22+0000
Report: Half of Iranians live in Poverty

Shafaq News / The Statistics Center of Iran (SCI) reported that just over half the Iran’s population  live below the poverty line, according to the Iran International website.

SCI report revealed the low standard of living of Iranians related to the unprecedented decline of the Riyal, and the US sanctions.

The website quoted an official of Labor Unions supreme council as saying that “70% of ordinary workers could afford only 33% of their basic needs."

According to the International Monetary Fund, the Iranian economy is expected to contract by 6 % in 2020, after GDP lost 7 % in 2019.

The US sanctions mainly affected Iranian oil exports, and some other economic fields, which prompted Tehran to depend on revenues from non-oil exports, which decrease in the past months due to the coronavirus restrictions.

related

Iran's Foreign Ministry announces concluding JCPAO's second round talks

Date: 2021-04-15 17:18:31
Iran's Foreign Ministry announces concluding JCPAO's second round talks

Intelligence officials fear revenge attacks from Iran after its diplomat was sentenced

Date: 2021-02-05 11:32:20
Intelligence officials fear revenge attacks from Iran after its diplomat was sentenced

Iran wants action, not promises, to revive nuclear deal, Khamenei says

Date: 2021-06-04 10:09:39
Iran wants action, not promises, to revive nuclear deal, Khamenei says

After being arrested in Iraq.. an Iranian journalist sentenced to death

Date: 2020-12-08 09:42:21
After being arrested in Iraq.. an Iranian journalist sentenced to death

Iran removes its air defense system to Bushehr Province, as a precaution of a possible attack

Date: 2021-08-02 18:10:55
Iran removes its air defense system to Bushehr Province, as a precaution of a possible attack

United States is concerned about Iran-China agreement

Date: 2021-03-29 05:41:32
United States is concerned about Iran-China agreement

Iran summons the German ambassador

Date: 2020-09-14 16:21:11
Iran summons the German ambassador

Raisi leads in Iranian presidential election, Official says

Date: 2021-06-19 08:08:52
Raisi leads in Iranian presidential election, Official says