Iran’s President Blames Government for Price Surge

Faisal Salisu Dambatta
2 Min Read

Iranian President Masoud Pezeshkian blamed his own government for rising consumer prices on Thursday, boosting pressure on the managers of the sanctions-hit economy.

The annual inflation rate stood at nearly 49 percent in September, according to Iran’s official statistics centre.

Pezeshkian said the country’s inflated bureaucracy was fuelling inflation.

“We, the government, are the cause of inflation,” said Pezeshkian during a speech in the western Kurdistan province.

“We have bloated the government. Everyone has taken a position as a chief, manager or something similar,” he noted, adding that efforts were underway to cut spending and curb inflation.

Iran’s economy has been crippled by sanctions imposed after the United States and Western capitals accused Tehran of seeking to weaponise its nuclear programme.

Tehran has consistently denied the allegations, insisting its nuclear activities are for peaceful purposes only.

The country’s economy has come under further strain since the 12-day war triggered by Israel’s unprecedented attack on Iran, during which the United States briefly joined Israel in striking Iranian nuclear facilities.

The war has derailed nuclear talks between Tehran and Washington which had begun in April.

Iran has more than 2.4 million civilian government employees, according to the Public Administration and Recruitment Organisation.

The figure excludes “military and law enforcement personnel or staff at the ministries of intelligence, defence and armed forces logistics, among others.”

Pezeshkian said the state’s budget deficit was worsening the economic strain and urged officials to cut unnecessary spending to ease the financial pressure on citizens.

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Faisal Salisu Dambatta is a Nigerian journalist, editor, and digital publisher recognized for his dedication to factual reporting and public-interest storytelling. He has built a reputation for blending traditional journalistic integrity with modern, data-driven news analysis. Over the years, Faisal has covered national and regional developments across politics, governance, technology, and socio-economic affairs. His writing emphasizes accuracy, accountability, and the preservation of journalistic ethics in the digital age. He currently serves as a lead editor at Etimes247 Newspaper, where he oversees editorial direction, audience engagement, and the integration of SEO-optimized content strategies. Faisal believes in using media as a force for civic awareness and constructive public dialogue. When he’s not editing stories, he contributes to journalism training, digital literacy advocacy, and research on the evolution of online news consumption in Africa. Areas of Expertise: Investigative reporting | Digital publishing | Media strategy | SEO | Audience development
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