The inflation rate in Iran shrinks to 37%

According to the most recent official economic numbers published by the government's statistics department elaborated that Iran's annual inflation rate has reached 37%, its lowest in the past 3 years.

The Statistical Center of Iran released data on May 23 that showed the annual inflation rate for the period of April 11–May 11 was 37 percent, the lowest since 2021.

Since assuming office in August 2021, the government of late President Ebrahim Raisi took steps to enhance the economy and increase people's purchasing power.

According to World Bank data published in December 2023, Iran's GDP grew for a record-breaking fourth year.

The success of the Iranian government in reducing inflation and bringing stability to the currency market was recognized in the report.

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9 Dead After Vehicles Came Under Terrorists Attack In Afghanistan

Afghanistan, (Daily Post). Insurgents attacked two vans in the northern Afghan city of Mazar-e-Sharif on Thursday, killing at least nine people. "The bombs were installed inside the vans; as a result of those blasts, nine people were killed and 13 were injured," Mohammad Asif Waziri, the commander of Mazar-e-Sharif, said. The local Shi'ite community operated and used the public transportation vans, he added. The Shiite Muslim Hazara community, a minority Muslim sect in Afghanistan, is often attacked by armed groups, including the Islamic State. The Taliban, who seized power following NATO's withdrawal, claimed earlier this week that they had eliminated the majority of the Islamic State's presence in Afghanistan. Despite the Taliban claims, attacks on Shia Muslims continue in many parts of the country.

Three Dozen passengers Killed In India's Rocky Region

NEW DELHI, India — (DP) crowded bus carrying passengers plunged into a deep ravine, killing at least 36 people and injuring many others, a government source informed media on Monday. The horrible incident occurred in Uttarakhand, a mountainous Indian state. According to state media officials, at least 60 passengers were onboard, the bus headed for Ramnagar from the Garhwal division in the northern state of India. As per witnesses, the terrible incident happened when a poorly maintained, speeding bus lost control and plunged into a ravine. The death toll is predicted to climb since the health of a few survivors is critical, officials added. State officials report that the state administration has launched an inquiry into the accident to determine the reason behind the tragedy. Deceased and injured were transported to the local government hospitals for postmortem and ministration, one of the rescue members said.

Dozens Killed In Pakistan After A Bus Plunged Into River

ISLAMABAD, Pakistan— (Daily Post)- On Tuesday afternoon at 1:00 PM, a passenger coaster carrying wedding party guests from Parishing, Astore, to Chakwal went off the bridge and plummeted into the river near Thalichi. The groom and his mother are among the 26 persons who died as a result of the catastrophe. According to authorities, just 14 victims' corpses were retrieved and brought to the Headquarters (DHQ) Hospital. Rescue efforts are still ongoing, and the only survivor, the wounded bride was taken to the hospital for treatment. The coaster hosted 27 people, and only the bride survived rest of the others drowned in deep water. The Pakistani town of Thalichi is situated in the Diamer district of Gilgit-Baltistan. President Mr: Asif Ali Zardari conveyed his sympathies and sadness to the victims' families.

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