The Iranian economy is huge, and the vast industrial and oil sector majorly contributes a lot of revenue. Therefore, has made it possible for many people depending on the public sector. Therefore, most of the people in the country work for the government. The salaries are less for the people working for the government, thus they rely on corruption to better their lives. This fraudulent behavior has, therefore, made Iran Government to be listed among the most corrupt around the world.Corruption in Iran has many effects on their economy, and they are highlighted below.
Terrorism is one of the problems promulgated by corruption in Iran. The corruption has made Iran terror groups to emerge. The economy has suffered both, directly and indirectly, due to terror activities. The economy experience low growth as tourists and investors keep away from Iran due to fear of insecurity. In addition, the cause of fear to the people is promoted by some people in the government as they fund the terrorists. Some of the reported terror attacks include suicide bombers, mass killings, and demolition of buildings using bombs.
Poverty has also increased due to corruption in Iran. Corruption has persisted, and new corrupt procedures are developed by the people who are greedy to have more than others. The resultant of such behaviors are some people becoming poor in the country. There is theft of public resources and other people are left with nothing. Hence, poverty has prevailed in Iran due to the government being corrupt.
In addition, the land administration has been affected by the prevailing corruption in Iran. Due to corruption in the country, the Iranian land administration has been greatly affected. There is usually no problem when acquiring or selling real estate as there are properties protection rights.But, It becomes hectic when selling large properties as the process involved is large. Due to this, most people prefer giving bribes to officials to make the process short and acquire licenses in illegal means. Also, these same corrupt methods and connections are what most companies and industries setting up new structure use to get financial support. Through such methods, the process of registering a company takes a shorter time than the expected.
The admiration of tax is also affected by the Iranian corruption in government. Powerful people and organization evade tax in Iran through corrupt means. Revenue is lost as some people bribe tax officials to avoid paying huge amounts of taxes. By using such methods, Businesses can operate without remitting taxes to the government. The taxation department has so far become unreliable in Iran due to rising cases of corruption.