Khamenei’s ruling unlikely to loosen IRGC's grip on Iran's economy
On January 20, Iran’s defense minister said that Supreme Leader Ali Khamenei has ordered the country’s powerful Islamic Revolution Guards Corps (IRGC) to curtail its growing business empire and divest its commercial assets that are not relevant to its domain of work. The announcement has raised the hope that the regime may have finally decided to loosen the IRGC’s grip on the economy.