President admits Iran's economic crisis beyond his control

Iranian President Masoud Pezeshkian said on Monday that certain economic difficulties are beyond governmental control, stressing the need to be transparent with citizens regarding such limitations.

"The current situation of high prices and livelihood problems that are putting pressure on the people is unacceptable," he said. "Some of it is in our hands, and some of it is not," he added without elaborating.

Pezeshkian made the remarks during a joint meeting with Parliament Speaker Mohammad-Bagher Ghalibaf, Chief Justice Gholamhossein Mohseni Ejei, and other senior legislative and judicial officials.

Iran's current economic crisis stems from both US and European sanctions, as well as systemic mismanagement linked to the government's bureaucracy and its dominant role in the economy.

Official media often attributes economic responsibility to the presidential administration, but since foreign policy decisions rest with Supreme Leader Ali Khamenei, lifting sanctions is beyond the president's control.

Last month, the Statistical Center of Iran reported significant price increases on essential goods, with some food items seeing prices multiply up to five times compared to last year.

Ordinary workers currently earn less than $150 a month, while official estimates indicate that a family of three needs at least $450 a month to cover basic necessities.

Pezeshkian said it is time to engage the population, at least one third of whom have been pushed below the poverty line, warning that more protests lie ahead.

"When we are unable to fulfill our commitments to the people... if they come to the streets and protest, we must engage in dialogue with them ... but instead, we treat them badly.

"Solving the people's problems is our duty; if we cannot, we should at least explain it to them in a kind manner... not treat them violently."

He accused the country's adversaries of taking advantage of the dire economic conditions, warning: "Of course, the people should also be careful that the enemy does not exploit their protests to disrupt society.”

Acknowledging declining public support for the government, he asked, "In the recent elections, 50 percent of the people did not participate. Are they not one of us, and are we not their servants? Shouldn't we ask ourselves why they are dissatisfied with us?"

Only 24 million of 61 million eligible Iranians voted on June 28 in snap presidential elections called after the untimely death of President Ebrahim Raisi in a helicopter crash.

The 39.9 percent turnout was the worst in the history of the Islamic Republic. Pezeshkian did not secure the 50 percent required to avoid a run-off. The turnout improved in the second round to 49.68%.