The research arm of Iran's parliament forecasts that the poverty rate will rise from 41% this year to 45.5% in 2028, approaching half the population. The projection also warns that one in two rural households will be unable to cover minimum living costs.
The Majles Research Center, the research arm of Iran's parliament, published a projection Sunday evening indicating that the country's poverty rate is set to climb sharply over the next two years. The forecast estimates that the poverty rate, currently at 41%, will reach 45.5% by 2028 — meaning nearly half of Iran's population would live below the poverty line. Rural areas are expected to be hit hardest, with one in two households unable to afford minimum living expenses.
The Zioneer has previously reported on Iran's deepening economic crisis. Official data from Iran's Statistical Center showed annual inflation hitting 88.6% in June, with food prices soaring 134.6%. The International Monetary Fund projected Iran's economy would contract 6.1% this year, the sharpest contraction since the 1980s. The new poverty projection adds to a picture of escalating hardship under the weight of international sanctions and domestic mismanagement.
- DevelopingIMF forecasts Iran economy to shrink 6.1% this year — worst contraction since 1980s
- DevelopingIran's annual inflation hits 88.6%, food prices surge 134.6% — official data shows
- DevelopingIranian researcher describes society polarized by corruption-driven inequality
- DevelopingIsrael reportedly considers raising VAT to 22.5% — a blow to cost of living
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