Arab Press

بالشعب و للشعب
Saturday, Jul 05, 2025

Iran’s Revolutionary Guards allocated $3bn amid crippled economy

Iran’s Revolutionary Guards allocated $3bn amid crippled economy

Iran’s regime is to plough billions of dollars into the Islamic Revolutionary Guards Corps as the regime bolsters its security apparatus amid protests, soaring inflation and a collapsing economy.
The militia was allocated $3 billion in the national budget, representing a 28 percent increase on last year, The Times reported. However, some experts estimate its actual income could be as high as $17 billion.

The IRGC, which has played a role in the violent crackdown of nationwide protests, also receives revenue from illegal oil sales and is known to fund terrorist groups throughout the region, including Hezbollah in Lebanon and the Houthis in Yemen.

Iran’s regular army had its budget increased by 36 percent to around $1.22 billion, and the police budget will increase by 44 percent to $1.55 billion. 

The intelligence ministry has received a 52 percent increase, approximately $500 million, while prison funding has increased by 55 percent, or $230 million. 

Iranian journalist Kourosh Ziabari said the “militarisation of the budget” was contrary to the needs of the Iranian people.

According to the Statistical Centre of Iran, inflation has reached more than 50 percent, the highest level in recent history. More than half of the population are now living below the poverty line. 

Iranian economic expert Mardo Soghom told The Times that crippling western sanctions were forcing the government to sell cut-price oil, with China buying at $37 a barrel — around half of the current global price and leaving only $7 profit for Iran on each barrel. 

Despite having the world’s second largest gas reserves after Qatar, the country lacks the technology to maximize its vast wealth. In the dead of winter, Iranians are being advised to turn down their heating.

“They need bigger platforms and huge pumps in order to extract the gas,” Soghom said.  

“Even their distribution network is a source of waste, around 40 percent of energy getting lost, including electricity. 

“They have had to shut down factories in order to get heat to households and last month, the government cut gas to 800 government entities to divert energy to homes because there was a snow storm.

“To improve production, the government needs about $40 billion in investments and western technology.

“This kind of technology is only available to western firms like Total and Exxon. China and Russia don’t even have this. Russia relies on BP for this kind of stuff, so with this foreign policy they [Iran] have, stuck in their animosity with the West, they have neither the money nor technology to improve like Qatar does.”
Newsletter

Related Articles

Arab Press
0:00
0:00
Close
AI Raises Alarms Over Long-Term Job Security
Russia Formally Recognizes Taliban Government in Afghanistan
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Mediators Edge Closer to Israel-Hamas Ceasefire Agreement
Germany Seeks Taliban Deal to Deport Afghan Migrants
Emirates Airline Expands Market Share with New $20 Million Campaign
Robots Compete in Football Tournament in China Amid Injuries
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Trump Asserts Readiness for Further Strikes on Iran Amid Nuclear Tensions
Qatar Airways Clears Backlog of Passengers Following Missile Threats
Iran's Parliament Votes to Suspend Cooperation with Nuclear Watchdog
Trump Announces Upcoming US-Iran Meeting Amid Controversial Airstrikes
Trump Moves to Reshape Middle East Following Israel-Iran Conflict
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Mass exodus in Tehran as millions try to flee following Trump’s evacuation order
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Netanyahu Signals Potential Regime Change in Iran
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
Iran Conducts Ballistic Missile Launches Amid Heightened Tensions with Israel
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
UK Deploys Jets to Middle East Amid Rising Tensions
Exiled Iranian Prince Reza Pahlavi Urges Overthrow of Khamenei Regime
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Iran Launches Extensive Missile Attack on Israel Following Israeli Strikes on Nuclear Sites
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
×