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Inflation rate blows out in Iran
Canada News.Net
Saturday 5th July, 2008
Iran's inflation rate, which has provoked intense criticism of the government, reached 26 percent in June.
The Iran central bank has revealed inflation reached 26.4 percent compared with the same month a year ago.
President Mahmoud Ahmadinejad has been blamed for the inflation by ploughing huge amounts of cash into the economy to fund local infrastructure projects.
Ahmadinejad was elected in 2005 on a platform of allowing the poor a share in the country's massive oil wealth.
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Comments on this story
mahmoud
07-05-08, 09:28 AM |
Inflation rate blows out in Iran
you have to be very stupid to dont see down fall of iranian system. however it make to difference to misuseres of iran.
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an Iranian boy
07-31-08, 05:51 AM |
Iranian people are convicted to die
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wacama
07-05-08, 12:33 PM |
They elected The Mullahs choice of president l;ike them, now the people of Iran is suffering for the leaders stupidity.They have a president who is an idiot in the first place,so they can not expect but a dime as a result.Iranian are studity to have a president and a mullah run system
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Anonymous
07-05-08, 06:00 PM |
Its not just Iran
Inflation is blowing out everywhere, particularly in all the countries in the Middle East, but all in Europe, the UK and of course the USA. Inflation is not peculiar to Iran.
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Just midnight
07-05-08, 08:40 PM |
World economy is in bad circumstance right now. Everyone is suffering. Irans policy of pouring money into local infrastucture policy is a very good strategy, one, because it leaves no one at the bottom without and two, because it literally defeats the strategy of sanctions. He can withstand more too. Irans bank has been questioned again, therefore the consistent inflation rates going up. Join the rest of the world.
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yukon
07-06-08, 11:32 AM |
Inflation is not peculiar to Iran
Unregistered;89818:
Inflation is blowing out everywhere, particularly in all the countries in the Middle East, but all in Europe, the UK and of course the USA. Inflation is not peculiar to Iran.
Where else is inflation 26% plus?
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Albert
07-06-08, 09:31 AM |
His excepency Ahmadinajejas is all wise
He knows and sees everything. He talks to Imam Mahdi who tells him everything in the past and future. His excellency must become the president of all humans.
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