Iranian economy on the verge of hyperinflation: Critical warnings from the Central Bank and officials

The most striking warnings regarding the Iranian economy are no longer coming from independent analysts, but directly from the regime's own officials and economists. Masud Nili, one of the country's leading economists, stated that Iran has surpassed its chronic inflation process and reached a highly critical stage that he describes as the "pre-hyperinflation station."

Central Bank Governor Abdolnasser Hemmati also made statements confirming these assessments. Hemmati admitted that due to the decline in oil exports and sanctions, there is intense pressure on all main sectors of the economy. The magnitude of this crisis is so great that the real per capita income of Iranians has melted away by almost half in the last thirteen years, regressing to the levels of the 1990s.

The economic collapse continues to increase the social pressure on the Iranian people day by day. The Head of the Social Affairs Organization openly admitted that approximately 60 percent of Iranians can no longer withstand additional economic pressure. Even though top-ranking officials continue to call on the public for more sacrifice, this dramatic decline in living standards reveals the unsustainability of the regime's economic policies.