In its annual report on the status of trade throughout the world, the World Bank ranked Iran under the mullahs’ rule in numerous fields as lower than previous years.
“These conditions are an embarrassment for the system,” said Ahmad Tavakoli, head of the Iranian regime’s Majlis (parliament) Research Center.
Each year the World Bank ranks countries around the globe based on the auspicious trade conditions. In this recent report, the countries of Singapore, Hong Kong, New Zealand, the US and Denmark are ranked from first to fifth. South Africa, Chad and a number of other African countries are ranked at the bottom. Among 183 countries, the Iranian regime stands at 144th, far lower than previous years.
The World Bank ranks countries based on 10 parameters. For example, how long it is needed to begin trade and transactions? How does the tax system work? Employment or laying off the work force comes with what conditions? How is the status of foreign trade?
In various fields such as issues regarding taxes, tax duties and foreign trade, Iran has dropped in comparison to the past. Currently, Iran under the mullahs’ rule stands 132 rankings behind Saudi Arabia and 70 rankings behind Turkey.