US EditionThe Decline of Iran's Middle Class: A Consequence of Economic Sanctions and Domestic Policies - Iran News Update
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The Decline of Iran's Middle Class: A Consequence of Economic Sanctions and Domestic Policies - Iran News Update
In a startling revelation, a member of the Tehran Chamber of Commerce’s deputy economic research department has announced the virtual elimination of Iran’s middle class. This dramatic shift has seen individuals from the lower middle class descend into lower income deciles, painting a grim picture of the country’s economic landscape. Hossein Ashrafi, the researcher behind these findings, attributes this phenomenon directly to the economic sanctio…
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