Skip to main content

Will Iran’s Revolutionary Guard Reduce Economic Role?

President Hassan Rouhani is carefully asking Iran's Revolutionary Guards Corps to cut back on its economic projects.
Read in 

In preparation for the celebration of “Sacred Defense Day” on Sept. 22 (the date Iraq invaded Iranian territory in 1980), Iranian leaders have been meeting the commanders of the Islamic Revolutionary Guards Corps (IRGC). On Sept. 16, President Rouhani gave a carefully worded speech that was designed not to antagonize the elite force, while pointing to a potential strategic shift.

Rouhani praised the IRGC’s economic activities, but at the same time, he urged the IRGC only to engage in large projects so that it does not compete with the private sector. Rouhani underlined this point: "Today, in conditions in which our economy is a target [of sanctions], the IRGC must enter into action and take on three or four large national projects … The IRGC is not a rival to the people and the private sector … The IRGC today must take on important projects that the private sector is unable to take on."

Access the Middle East news and analysis you can trust

Join our community of Middle East readers to experience all of Al-Monitor, including 24/7 news, analyses, memos, reports and newsletters.


Only $100 per year.