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Rouhani Administration Accused of Shoring up Capitalism | ASHARQ AL-AWSAT English Archive 2005 -2017
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Iran’s President Hassan Rouhani . AFP

London- Iran’s President Hassan Rouhani has been at the forefront of accusations on promoting capitalism, which is frowned upon in the cleric-led regime.

Supreme leader Ali Khamenei, keen on reinstating a fundamentalist commander in chief, plans on nominating seven to eight candidates to compete against Rouhani’s stab at another term in the upcoming presidential elections, Iran-based sources said.

Meanwhile, Rouhani staffers have been at escalating tensions with Iran’s former President Mahmoud Ahmadinejad.

Acting Intelligence Minister Mahmoud Alavi, amidst rising spats between Iran’s right and left wings, said that intelligence services will closely monitor media outlets in an effort to curb negative campaigning devoted to marring the image of presidential candidates.

Ahmadinejad, a passionate conservative leader unlike his “reformist” successor Rouhani, had incessantly denounced capitalism, calling it bankrupt, and advocating for a new world order.

Criticism on Iran’s economy and slow recovery, which go against Rouhani’s promises when endorsing the nuclear deal before the public, has weighed down heavily the president’s prospects on being reelected.

Some 40 senior economic analysts directed an open-ended message to Rouhani protesting wrong policymaking. In their cry, the analysts shed light on Rouhani administration officials overlooking remarks made by professional economists, and responding solely to political rhetoric.

The analysts recommended that Rouhani recognizes flaws present in his economic policy as a first step in the right direction. They stressed the need for the government to uphold a five-point “economic basket” to save Iran’s economy, reported Tehran-based Mehr News Agency.

Economic strategists harshly criticized Rouhani, putting economic policy in direct proportions with outcomes of the nuclear negotiations.

“When having openly promised to resolve all economic problems after the nuclear deal, it is only natural that economic wheel initiator would withhold any investment or economic activity, choosing to remain inactive until seeing the results of nuclear deal.”

“Such an approach led to widespread recession and curtailed labor, leaving a large number of industrial corporates in danger of bankruptcy,” the experts added.