Hamshahri Newspaper: Raisi’s Government and Parliament Pulled the Brakes on the Inflation Train

IranGate
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Hamshahri Newspaper: Raisi's Government and Parliament Pulled the Brakes on the Inflation Train

The Hamshahri newspaper reports that the Raisi administration and the parliament have pulled the brakes on the inflation train.

The Hamshahri newspaper claims that the Thirteenth Government and the Eleventh Parliament have succeeded in pulling the brakes on the inflation train.

According to Hamshahri, with only 13 days remaining until the twelfth parliamentary elections and the sixth Assembly of Experts elections, anti-popular and opposing forces are trying to discourage the public from participating in the elections using various tactics and tools. The joint goals of the parliament and the government and the unified determination of the two branches to control inflation in the country have brought significant achievements in this area. For instance, in the first half of this year, compared to the same period in previous years, a record in point-to-point inflation reduction over the past three decades was broken.

The newspaper writes that the Thirteenth Government and the Eleventh Parliament, by adopting joint strategies and approaches, have successfully pulled the brakes on the inflation train in the country’s economy, whereas the Twelfth Government and the Tenth Parliament had an unsuccessful performance in this regard. The shift in policy-making tracks occurred with the public’s participation in the elections at a time when the inflation rate was continuously setting historical records. The Twelfth Government ended its term while statistics from the Statistical Center and the Central Bank reported the inflation rate between 50 to 60 percent.

Hamshahri added that the Twelfth Government ended its term while Central Bank statistics showed an inflation rate of 359 percent. However, the joint solutions of the government and parliament led to a significant downward trend in inflation. According to International Monetary Fund data, Iran’s inflation rate will decrease from 47 percent in 2023 to 32 percent in 2024.

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