No, it’s not about the false-flag operation against IMF’s former Jewish Chief, Dominique Strauss-Kahn, who was arrested in the US on rape charges – for which the credit goes to Israeli Mossad.
The International Monetary Fund (IMF) in its latest report released on June 13, 2011, has highly praised Islamic Republic for its program for eliminating state subsidies from the economy.
The IMF, which held consultations in Iran from May 28 to June 9, said Iran achieved “early success in the implementation of their ambitious subsidy reform program” with increases in prices of energy, public transport and bread having removed almost $60 billion of subsidies.
“At the same time, the redistribution of the revenues arising from the price increases to households as cash transfers has been effective in reducing inequalities, improving living standards and supporting domestic demand in the economy,” the statement said about Iran’s monthly welfare payments to citizens.
It’s a clear sign of victory for Iranian President Dr. Ahmadinejad who achieved IMF praise for his nation which has been under Israeli sponsored four ‘crippling sanctions’ by the US, UNSC and the EU.
Iran holds significant reserves of both oil and gas with proven oil reserves of 137.6 billion barrels and 1,045 trillion cubic feet (Tcf) of proven natural gas reserves. The geographic location of Iran gives it 40 producing oil fields both onshore and offshore as well as a majority claim to the largest proven contiguous offshore gas field, South Pars.
In 2008, Iran produced 4.2 million barrels per day of petroleum liquids, 3.9 million bbl/d of which was crude oil – overall five percent of the world’s production. As the world’s fourth largest oil exporter, Iran exported 2.4 million barrels of oil per day, mainly to Asia and Europe.
As result of the Iraq-Iran War (1980-88), sponsored by the West – Iranian suffered one million death and loss of infrastructure worth $3.7 trillion. The Islamic regime was forced to subsidise Iranian people in various forms of either direct discounts or indirect support of a given commodity, such as petrol or electricity, food and housing to alleviate their sufferings.
With increase in population and government’s push to free the country of oil-based economy by encouraging an industrial revolution – Iran’s oil consumption has increased 42 percent – the greatest consumer in the Gulf region. This figure can be compared to decreases witnessed in US (-4 percent), UK (-6 percent), Germany (-14 percent), and Japan (-21 percent) during the same time period.
This increased consumption has made it imperative that Tehran find an alternative source for power-generation. Like the other industrialized nations, Tehran too, choose nuclear energy for producing electricity. This the very reason the anti-Islam world powers are against Iran’s nuclear program because they don’t want a Muslim country to become self-sufficient and free itself from western bondage.