The China Mail - Economic pain casts dark shadow as Iranians go to vote

USD -
AED 3.672502
AFN 64.50319
ALL 81.693593
AMD 360.913649
ANG 1.790365
AOA 917.000184
ARS 1516.505896
AUD 1.433137
AWG 1.8025
AZN 1.699971
BAM 1.743316
BBD 2.007889
BDT 122.918124
BGN 1.683441
BHD 0.376334
BIF 2990.172702
BMD 1
BND 1.278128
BOB 11.907744
BRL 5.017902
BSD 0.996903
BTN 96.431421
BWP 13.771588
BYN 3.051526
BYR 19600
BZD 2.004947
CAD 1.42261
CDF 2314.999821
CHF 0.83126
CLF 0.024783
CLP 978.59014
CNY 6.702302
CNH 6.693702
COP 3225.81
CRC 454.239554
CUC 1
CUP 23.925697
CVE 98.286351
CZK 21.706204
DJF 177.524234
DKK 6.661301
DOP 60.318663
DZD 134.59402
EGP 52.37168
ERN 15
ETB 162.835139
EUR 0.891103
FJD 2.24775
FKP 0.757083
GBP 0.755235
GEL 2.597487
GGP 0.757083
GHS 11.768691
GIP 0.757083
GMD 73.999439
GNF 8770.022016
GTQ 7.62117
GYD 208.570474
HKD 7.84733
HNL 26.758536
HRK 6.7135
HTG 130.54039
HUF 324.970499
IDR 17898
ILS 3.054545
IMP 0.757083
INR 96.723301
IQD 1510.308497
IRR 1732150.000209
ISK 121.919865
JEP 0.757083
JMD 158.367391
JOD 0.709023
JPY 158.177978
KES 129.849973
KGS 87.450145
KHR 4057.438786
KMF 439.999842
KPW 900.000318
KRW 1341.46504
KWD 0.31081
KYD 0.830782
KZT 449.390529
LAK 22403.265917
LBP 89273.397423
LKR 329.943221
LRD 170.473538
LSL 16.638589
LTL 2.95274
LVL 0.60489
LYD 6.408914
MAD 9.934351
MDL 17.829893
MGA 4451.476323
MKD 54.88506
MMK 2099.693915
MNT 3600.849225
MOP 8.05792
MRU 39.797651
MUR 47.460321
MVR 15.409914
MWK 1728.623955
MXN 18.181702
MYR 4.086102
MZN 63.900376
NAD 16.638663
NGN 1329.909541
NIO 36.688089
NOK 9.56885
NPR 154.289916
NZD 1.78264
OMR 0.384501
PAB 0.996889
PEN 3.429139
PGK 4.518268
PHP 62.820185
PKR 276.067209
PLN 3.901345
PYG 5737.715877
QAR 3.633916
RON 4.762198
RSD 104.607002
RUB 84.905687
RWF 1472.432558
SAR 3.756839
SBD 8.081105
SCR 13.829811
SDG 601.502255
SEK 9.959575
SGD 1.280035
SHP 0.755886
SLE 24.624984
SLL 20969.491881
SOS 569.755367
SRD 37.650502
STD 20697.981008
STN 21.838148
SVC 8.723208
SYP 13002.000254
SZL 16.63376
THB 33.529505
TJS 9.186496
TMT 3.5
TND 2.981259
TOP 2.40776
TRY 49.34243
TTD 6.771609
TWD 31.935599
TZS 2642.497961
UAH 44.77834
UGX 4082.451253
UYU 39.977716
UZS 11778.390833
VES 873.638701
VND 25880.5
VUV 120.049533
WST 2.785534
XAF 584.525169
XAG 0.016573
XAU 0.00023886558
XCD 2.70255
XCG 1.796699
XDR 0.707052
XOF 584.525169
XPF 106.303231
YER 236.150017
ZAR 16.54228
ZMK 9001.203315
ZMW 19.848914
ZWL 321.999592
SSP 5753.260075
MXV 2.054075
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Economic pain casts dark shadow as Iranians go to vote
Economic pain casts dark shadow as Iranians go to vote / Photo: © AFP

Economic pain casts dark shadow as Iranians go to vote

As Iranians head to the polls for legislative and other elections on Friday, candidates have promised them on campaign posters to "fight corruption" and "fix the economy".

Text size:

In the minds of many voters, economic hardship is indeed the most burning issue as the Islamic republic suffers under punishing international sanctions and rapid inflation.

At Tehran's storied Grand Bazaar, many shoppers are simply wandering the warren of aisles without buying anything, as prices have skyrocketed in recent years.

Many doubt that a quick solution is in sight -- among them 62-year-old retiree Aliasghari, who said he wished the politicians would "stop the empty slogans".

"The economic situation is extremely troubling," said the pensioner walking through the labyrinthine market, who asked not to be fully named as he discussed the sensitive issue.

Citizens "are hearing a lot of fabrications and they have lost their trust in voting," he said, adding that "none of my family members are willing to take part in the elections".

Voters are due to pick new members of Iran's 290-seat legislature and the Assembly of Experts, a key body that appoints the supreme leader, a post held by Ayatollah Ali Khamenei, 84.

The vote comes amid high regional tensions as Iran's arch foe Israel fights the Palestinian militant group Hamas in Gaza and related conflicts have flared across the Middle East.

But for many in Iran, a country of over 85 million people, the biggest issue is much closer to home: annual inflation near 50 percent, high consumer prices and a falling currency.

Just because Iranians elect a new parliament, "things won't become cheaper," said fashion vendor Fatima, 21, who complained that many people can no longer afford new clothes.

"People's economic situation is terrible," she said, adding that she would cast her vote anyway, despite having only slim hopes for meaningful change.

- 'People's pockets are empty' -

Iran has reeled under crippling US sanctions since Washington's unilateral withdrawal in 2018 from a landmark deal that had promised sanctions relief in return for curbs on Iran's nuclear programme.

Before the then-US president Donald Trump pulled out of the agreement, Iran had hoped for an influx of foreign investment and to reintegrate into the global trading and financial systems.

Instead, the sanctions sharply reduced Iran's oil revenues and further restricted trade, helping to harden the decades-old enmity with the United States and Israel.

Across Iran, the economic pain has fuelled political malaise.

A recent poll conducted by Iran's state television found that more than half of respondents were indifferent to the elections.

"These past years, it has been proven to us that the campaign slogans are empty," said 40-year-old housewife Masoumeh. "It was just words and no action."

Mohsen Omidbakhsh, 40, who works in the private sector, also complained that "prices have dramatically changed... People's pockets are empty, they can't buy what they want."

Iran's current parliament has faced other challenges including nationwide protests following the September 2022 death in police custody of Mahsa Amini.

Amini, 22, an Iranian Kurd, died after being arrested for allegedly violating Iran's strict dress code for women, and the protests continued into last year.

- Candidates vetted -

Centrist candidate Mohammad Bagher Nobakht, who is running for the Moderation and Development party, said the conditions for Iran ahead of the election are "not favourable".

"There is dissatisfaction that sometimes overflows onto the street, like the one we witnessed last year," he said, in reference to the protests.

Analysts expect the elections to be dominated by conservative and ultra-conservative candidates, similar to the current parliament.

Jurists in charge of vetting candidates have approved 15,200 -- fewer than one third of the 49,000 hopefuls who applied -- to run for parliament, local media reported.

Only between 20 and 30 of the reformists who submitted applications have been approved to run, said reformist politicians.

Nobakht charged at a press conference last month that this had further dampened voter enthusiasm.

The current parliament "does not represent all the diverse legitimate interests of the country," he said, adding that "it no longer has an important place" among the people.

Fatima, the fashion vendor, has little hope that the new parliament will be any different.

"The parliament only represents the powerful and wealthy class and not the impoverished," she said.

Ali Mohammad Abshari, a 78-year-old pensioner, said he has some hope.

"Maybe the situation gets better if some qualified and decent people enter the parliament," he said.

"I will only vote because it is our Islamic duty to do so."

I.Taylor--ThChM--ThChM