Last month, Iran’s rial fell to a record low of about 2.2 million to the US dollar, collapsing from around 1 million rials to the dollar a year ago.
The Iranian regime faces mounting financial strain as delayed salaries and shrinking government resources raise questions about the Islamic Republic’s ability to sustain its public institutions and security apparatus amid intensifying US economic pressure.
Iranian banks are running short on cash, and government officials and military personnel, including the Islamic Revolutionary Guard Corps (IRGC) and Basij paramilitary force, have been waiting for overdue salaries, with some payments reportedly delayed for more than a few months.
The family of one IRGC member, for example, told The Algemeiner that the salaries of the member and his colleagues have been delayed for months. (Read More)
