Hezbollah cutting costs as Iranian aid dries up

Sally

Gold Member
Mar 22, 2012
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I hate to see the ordinary Iranian citizens hurt by the tough times in Iran, but perhaps Hexbollah will do less terrorism because it wouldn't be getting as much support as before.



Hezbollah cutting costs as Iranian aid dries up

May 15, 2014 12:24 AM
By Antoine Ghattas Saab
The Daily Star

Sources close to the central command at Hezbollah told The Daily Star that the party has begun to take budget-cutting measures due to the shortage of Iranian aid caused by the Islamic Republic’s tough economic situation.

Although Iran’s economy is expected to improve in the coming months if it reaches an agreement with the West over its nuclear program by a July 20 deadline, the Islamic Republic is also helping the Syrian government cover its fiscal deficit, a strain that is less likely to end soon.

The U.S. and European countries have been keen on monitoring Hezbollah’s funding sources in Latin America, Africa and other Asian countries, with a special focus on religious organizations connected to the party. These organizations and the businessmen involved with them are said to be the main source of donations in these countries. Recently, for example, Germany banned a charitable foundation after it discovered its connections to one of Hezbollah’s organizations.

Read more:

Hezbollah cutting costs as Iranian aid dries up | News , Lebanon News | THE DAILY STAR
 

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