- Fri Sep 13, 2019 4:31 pm
#119161
Pension funds in Iran on brink of collapse amid US ‘maximum pressure’ campaign.This is real leadership! Without a shot being fired, Iran is being brought down to its knees! Peace through strength and it took a non-politician, a businessman, an outsider, a person who thinks outside of the box and with new and challenging approaches to governance to get results! Thank you President Trump!
Crippling sanctions imposed by the United States on Iran since President Trump’s withdrawal from the nuclear deal last year have left pension funds throughout the country on the brink of collapse, according to documents reviewed by National Security Council officials.
The impact has been so severe that of the 18 existing retirement funds in Iran, 17 are in the red, according to these documents. That includes the pension funds for all of Iran’s armed forces.
As much as 80 percent of Iran’s retirement funds rely on government subsidies, which the documents refer to as unsustainable for not just pensions but for food products, drugs and fuel.
U.S. officials are pointing to this as evidence of just how punishing the ongoing “maximum pressure” campaign against Iran has been.