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Masoud Pezeshkian

Iranian President Warns Economy Could Collapse Within Weeks Without Ceasefire

A sharp confrontation has erupted within Iran’s leadership between President Masoud Pezeshkian and the commander of the Islamic Revolutionary Guard Corps, Ahmad Vahidi, over the conduct of the war and its economic toll. Pezeshkian warned on Saturday, March 29, that without a ceasefire, Iran’s economy could collapse within three to four weeks.

Pezeshkian criticized the escalation pursued by the IRGC, particularly attacks against neighboring countries, which have caused severe economic consequences. He also demanded that executive powers be returned to the civilian government. Vahidi rejected the request and accused the government of failing to implement structural reforms even before the current conflict began.

Strikes targeting steel factories in Iran have significantly damaged the local economy and could delay post-war recovery. These factories supply essential raw materials for construction and infrastructure, including roads and buildings, and their destruction compounds the growing economic pressure on the regime.

(INN/VFI News)