Wednesday, March 20th | 13 Adar II 5779

Subscribe
January 30, 2019 9:39 am

Rouhani: Iran Facing Toughest Economic Situation in 40 Years

avatar by Reuters and Algemeiner Staff

Email a copy of "Rouhani: Iran Facing Toughest Economic Situation in 40 Years" to a friend

A money changer holds Iranian rial banknotes as he waits for customers in Tehran’s business district, Jan. 7, 2012. Photo: Reuters / Raheb Homavandi.

Iran’s president said on Wednesday the country was facing its toughest economic situation in 40 years, and the United States, not the government, was to blame.

US President Donald Trump last year pulled out of an international nuclear deal with Iran and re-imposed sanctions.

Workers, including truck drivers, farmers and merchants, have since launched sporadic protests against economic hardships, which have occasionally led to confrontations with security forces.

“Today the country is facing the biggest pressure and economic sanctions in the past 40 years,” Hassan Rouhani said, according to the presidential website.

Related coverage

March 19, 2019 10:52 am
0

Turkey Escalates Crackdown on Dissent Six Years After Gezi Protests

Unzile Aksakoglu struggles to explain to her seven-year-old daughter why her father Yigit has spent four months in jail and...

“Today our problems are primarily because of pressure from America and its followers. And the dutiful government and Islamic system should not be blamed,” he added.

Rouhani spoke at a ceremony at the shrine of the founder of the Islamic Republic, Ayatollah Ruhollah Khomeini — part of a series of events leading up to the 40th anniversary of the February 11th revolution.

Iran’s rial currency has fluctuated in value in recent months, making it difficult for ordinary people to make ends meet.

Share this Story: Share On Facebook Share On Twitter Email This Article

Let your voice be heard!

Join the Algemeiner

Algemeiner.com