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Basant: Iran's financial resources to support its proxy forces are cut off In response to the question of how long it will take for Iran to reach the negotiating table due to economic pressure, US Treasury Secretary Scott Basant said: "I don't have a specific time estimate, but what I can tell you is that last Wednesday eight weeks have passed since the start of the economic exclusion operation, and this operation was very successful." The US Treasury Secretary said: "This is the most serious operation ever done in the history of the world to isolate a country's economy," and said: "We see this issue in the data as well." As you said, the value of Iran's national currency has decreased. This fall was so severe that it even stopped publishing exchange rates. Therefore, you know, the exchange rate may have exceeded three million riyals." In another part of his statement, Basant added: "Our internal estimates show that Iran's economy may decline by 25% between March and March of next year, that is, from the moment the blockade or conflict begins." Comparing the situation of Iran and Russia, the American Treasury Secretary noted: "To clarify the dimensions of this issue, Russia's economy shrank by 22% in three years after the collapse of the Iron Curtain. Therefore, Iran's economy may experience in a year what happened in 22 years."

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DW Persian · دویچه‌وله فارسی · · Source

🇮🇷 Iran · Map

Basant: Iran's financial resources to support its proxy forces are cut off In response to the question of how long it will take for Iran to reach the negotiating table due to economic pressure, US Treasury Secretary Scott Basant said: "I don't have a specific time estimate, but what I can tell you is that last Wednesday eight weeks have passed since the start of the economic exclusion operation, and this operation was very successful." The US Treasury Secretary said: "This is the most serious operation ever done in the history of the world to isolate a country's economy," and said: "We see this issue in the data as well." As you said, the value of Iran's national currency has decreased. This fall was so severe that it even stopped publishing exchange rates. Therefore, you know, the exchange rate may have exceeded three million riyals." In another part of his statement, Basant added: "Our internal estimates show that Iran's economy may decline by 25% between March and March of next year, that is, from the moment the blockade or conflict begins." Comparing the situation of Iran and Russia, the American Treasury Secretary noted: "To clarify the dimensions of this issue, Russia's economy shrank by 22% in three years after the collapse of the Iron Curtain. Therefore, Iran's economy may experience in a year what happened in 22 years."

Basant: Iran's financial resources to support its proxy forces are cut off In response to the question of how long it will take for Iran to reach the negotiating table due to economic pressure, US Treasury Secretary Scott Basant said: "I don't have a specific time estimate, but what I can tell you is that last Wednesday eight weeks have passed since the start of the economic exclusion operation, and this operation was very successful." The US Treasury Secretary said: "This is the most serious operation ever done in the history of the world to isolate a country's economy," and said: "We see this issue in the data as well." As you said, the value of Iran's national currency has decreased. This fall was so severe that it even stopped publishing exchange rates. Therefore, you know, the exchange rate may have exceeded three million riyals." In another part of his statement, Basant added: "Our internal estimates show that Iran's economy may decline by 25% between March and March of next year, that is, from the moment the blockade or conflict begins." Comparing the situation of Iran and Russia, the American Treasury Secretary noted: "To clarify the dimensions of this issue, Russia's economy shrank by 22% in three years after the collapse of the Iron Curtain. Therefore, Iran's economy may experience in a year what happened in 22 years."

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