Iran Central Bank Predicts Up to 12 Years to Rebuild Economy After War

Iran’s central bank warns President Pezeshkian that repairing war damage may take up to 12 years. Major airports, oil facilities and refineries suffered heavy damage during the 40-day conflict with the United States and Israel. Officials fear production losses could push inflation to 180% and add two million unemployed. The central bank governor urges urgent steps such as restoring full internet access and seeking a diplomatic thaw with Washington. The weeks-long internet blackout has cut off Iran’s digital economy, worth about 5–6% of GDP, and hurt millions of small businesses and startups. Economists warn that prolonged disruption could deepen the downturn.

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