21. Iran’s New Budget Perpetuates Economic Challenges
- Author:
- Henry Rome
- Publication Date:
- 01-2023
- Content Type:
- Policy Brief
- Institution:
- The Washington Institute for Near East Policy
- Abstract:
- The president is proposing de facto cuts to salaries and subsidies as well as more money for the military, while avoiding the tough reforms Iran’s economy needs. On January 11, President Ebrahim Raisi submitted his budget proposal to the Majlis for the Iranian year 2023/24. Drafted amid the most severe protests the Islamic Republic has faced since its establishment in 1979, the proposal includes no economic olive branches to the people and avoids structural reforms that could help rein in inflation and fuel growth.
- Topic:
- Economics, Reform, Budget, Democracy, and Energy
- Political Geography:
- Iran and Middle East