Iran’s economy is struggling under severe sanctions, mismanagement, and internal corruption. Inflation is around 30%, exacerbating the financial burden on its citizens. The value of Iran’s currency has plunged, causing economic instability and widespread frustration. Despite having vast natural resources, the country faces energy crises, including gas shortages, due to poor management. Efforts to reconnect with the global financial system face hindrances by political resistance, mainly regarding financial transparency. While reformists push for change, conservatives and security forces resist, fearing exposure of Iran’s financial dealings, including funding groups like Hezbollah. Economic isolation remains a significant challenge.
- Jehovah Jireh, we pray for Your intervention in Iran to restore the country’s economy and to reduce inflation. We pray for Your provision for those suffering from high inflation, unemployment, and lack of necessities (The Holy Bible, Psalm 121:1-2).
- Pray for GOD’s guidance so that the authorities in Iran can manage the nation’s natural resources effectively and find permanent solutions to end the country’s ongoing energy crisis (The Holy Bible, Proverbs 2:6).
News Source: The Guardian
Image Source: Canva.com
