Rouhani's 'economic package' is empty
http://atimes.com/atimes/Middle_East/MID-01-211014.html
Rouhani's 'economic package' is empty
By Ismael Hossein-Zadeh
Oct 21, '14
Tired of the oppressive financial hardship wrought largely by as imperialist economic war against Iran, the Iranian people elected Hassan Rouhani president in June 2013 because he promised economic revival. He premised his pledge of economic recovery mainly on his alleged ability to bring the brutal sanctions against Iran to an end and to integrate the Iranian economy into the global capitalist system.
His promise of removing or alleviating sanctions, however, seems to have been based on an optimistic perception that a combination of a so-called charm offensive and far-reaching compromises over Iran's nuclear technology would suffice to alter the Western powers' sanctions policy against Iran.
More than a year later, while Iran's peaceful nuclear technology is reduced from a fairly advanced to a relatively primitive level (from 20% to below 5% uranium enrichment), critical sanctions remain in place and economic recovery remains a dream.
To mitigate the oppressive burden of so-called stagflation, a combination of stagnation and inflation, the president and his economic team recently crafted an economic plan, titled the "Proposed Package to Turn Stagnation to Expansion", which turns out to be disappointingly devoid of any specific guideline or clear policy for economic recovery.