An economic expert has warned that removing zeros from the Iranian currency is merely a symbolic gesture that will have no tangible impact on the economy, stressing that focusing on superficial measures without addressing the root causes of the crisis will create false expectations among citizens.
In the same vein, Kayhan newspaper linked the worsening economic crisis to poor management within executive institutions, reports our sister paper Akhbar Al Khaleej.
The paper described corruption as the ‘fifth column’ of the Iranian economy that must be firmly confronted through co-ordinated oversight.
Meanwhile, Eghtesad newspaper revealed a worsening crisis in animal feed affecting the meat and poultry sectors, warning of a collapse in production and a threat to food security.
Jahan-e Sanat newspaper warned of the erosion of Iran’s middle class caused by inflation, rising living costs, and falling wages.
Experts described this erosion as a serious threat to social stability.
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