Government artists at the Raisi memorial ceremony


Homeland’s economy is under severe strain, exacerbated by Western sanctions, which have had a crippling effect on various sectors. The U.S. withdrawal from the 2015 nuclear deal and the re-imposition of sanctions have further isolated Iran economically. These sanctions have targeted Homeland’s oil exports, banking sector, and other critical areas, leading to inflation, unemployment, and a decline in living standards.Economic mismanagement has also played a role in Homeland’s economic woes.