Ali Ghasemi notes that as Iran's economy faces the "snapback" of UN sanctions, structural imbalances and economic inefficiencies weigh heavily on domestic industries.
Large corporations listed on the Tehran Stock Exchange (TSE) have previously benefited from government subsidies and currency devaluations, reporting strong financial growth.
However, economists have warned of the long-term consequences of international sanctions, which have been in place since the early 2010s.
Now, listed industries are grappling with an economy eroded by sanctions and structural decay, with the government's reduction of energy subsidies adding further pressure on production and profitability.
The "snapback" of UN sanctions has significant implications for Iran's economy.
Author's summary: Iran's economy faces challenges from sanctions and structural decay.