Within Iran, the propaganda machine of the Iranian regime continues to do its work, despite the fact that factors throughout the Iran. The latest is that the regime’s banking system is successfully meeting the requirements of the Financial Action Task Force (FATF), as evidenced by its extension of the suspension of counter-measures until next February.
On October 19, the FATF announced it was giving Iran more time to get in line with the current international norms and regulations. The FATF was set up more than 30 years ago and sets the standards for combatting and detecting money laundering or potential terrorist financing.
“After news [broke] about the [extension] of the suspension, media sources that paint a beautiful picture of FATF cheered the decision and considered it a defeat for the U.S. and the Zionist regime. And that’s despite [the fact] that after executing 90% of FATF’s requests, our country is still in the black list,” said a state-run media agency.
FATF issues statement regarding Iran
The statement from FATF paints a different picture, one that shows disappointment in the progress of the regime and warned other countries from doing business with Iran. “…the FATF expresses its disappointment that the majority of the Action Plan remains outstanding and expects Iran to proceed swiftly in the reform path to ensure that it addresses all of the remaining items by completing and implementing the necessary AML/CFT reforms,” said the statement.
Clearly, with a majority of items still undone, the regime has not reached 90% completion as they claim. Despite this, the regime wants to paint a picture of economic health that is not evident in Iran.
Mullahs talk of regime end
Throughout these volleys back and forth with the international community regarding the compliance of the regime with international law in various areas, finance being just one of them, the mullahs have started to recognize that the regime’s hold on the Iranian people is crumbling.
In various interviews and statements, members of the regime have spoken out about reality that riots and continuing protests.
“Those who are living on subsidies, they have nothing. We are heading towards riots. These riots are due to economic insecurity. Workers who haven’t been paid, how are they supposed to provide for themselves…and this leads to riots. All these riots will be taking shape,” said Hossein Raghfar, an economy expert working for the regime.
Talented Iranians, in the meantime, are fleeing Iran instead of dealing with the regime and its repressive measures. Raghfar referred to it as the country’s brain drain, which he believes will lead to more protests and riots.
Other members of the regime use words like dangerous and enemy to try to frame the situation in Iran as being the fault of those outside of Iran. They are not willing to admit that their actions could be leading to their downfall.
“We are facing a reality that there is a trust gap, with people knowing officials will not live up to their pledges. We shouldn’t deny this,” said Mohammd Javad Azari Jahromi, the Minister of Information and Communications Technology. He also noted the growing social gap between the classes of Iranians and noted that feeling of distrust was apparent in all industries and walks of life.
Iran’s inflation rate is set to go up again, pushing the Iranian economy to the brink. With increasing sanctions by the U.S., Iran’s regime may finally be seeing the end of their hold on power.