Summary
Iran is preparing for a possible conflict with the United States and Israel by giving more power to local governors. The government aims to ensure the supply of essential goods and deal with economic challenges caused by sanctions. The Iranian economy is facing difficulties, including a significant drop in its currency value and an internet shutdown.
Key Facts
- Iran's government has made plans to manage essential services if a war with the US and Israel occurs.
- President Masoud Pezeshkian has met with governors and the economy minister to delegate importing responsibilities.
- Governors can now import goods without foreign currency and simplify customs to support local markets.
- Sanctions from the US and the UN have affected Iran's economy, leading to a focus on basic supplies.
- Iran has faced an unprecedented internet shutdown following nationwide protests and unrest.
- The Iranian rial has dropped to an all-time low against the US dollar.
- The Central Bank of Iran has reported recent foreign currency deals to manage trade.
- Criticism arose regarding assurances of economic stability by Central Bank chief Abdolnasser Hemmati amidst currency fluctuation.
