28 Iran
Tooze
Almost 10 million Iranians have slipped into poverty from a combination of sanctions, bad economic management and volatile international oil prices during a “lost decade” of growth, according to a World Bank report.
The report is the institution’s first official assessment of poverty in the country of 85 million people since the 1979 Islamic revolution. It portrays an economy in which inequality and poverty surged in the decade through 2020, with US-led policies contributing to that, and women bearing the brunt of the impact of both sanctions and the Covid-19 pandemic.