Iran International reported Monday morning that employees of Ata Airlines in Tehran have not been paid for three months, with insurance unpaid for six months. The report also details a 20-30% tuition hike at Islamic Azad University, daily water cuts from 08:00 to midnight in Gachsaran, and a fast-food restaurant owner in Bandar Abbas nearing closure due to war and price hikes.
Iran International, a Persian-language news outlet, published a report Monday morning detailing the worsening cost of living crisis in Iran through firsthand testimonies. Employees of Ata Airlines in Tehran told the outlet they have not received wages for three months, and their insurance has lapsed for six months. A student at Islamic Azad University reported a 20-30% tuition increase, bringing the minimum semester cost to approximately 17 million Toman (about $170 at current exchange rates). In Gachsaran, residents face daily water cuts from 08:00 to midnight and only about three hours of electricity per day. A fast-food restaurant owner in Bandar Abbas, who employs eight workers, said his business is nearing closure due to the economic downturn, war-related disruptions, and low revenues.
The new report adds to a growing body of evidence on Iran's economic deterioration. The Zioneer has previously reported on Iran's annual inflation rate reaching 87.9% in July, with food prices more than doubling in all 31 provinces. Meat prices have surged 178% year-over-year, and the minimum wage stands at roughly $100 per month, making basic staples increasingly unaffordable.
The testimonies, while anecdotal, align with official data indicating a severe economic crisis. The Zioneer continues to monitor the situation.
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