Former World Bank chief says Iran economy collapsing into ‘barter system’ amid conflict
- Posted on April 5, 2026
- By The Hill
- 10 Views
In brief
David Malpass, the former World Bank President, has issued a stark warning regarding Iran's deteriorating economic conditions. As geopolitical tensions escalate between Iran, the United States, and Israel, the country faces unprecedented financial instability. Malpass suggests that without intervention, Iran's economy could regress to a primitive barter-based system, indicating a complete collapse of modern monetary infrastructure and devastating consequences for ordinary citizens.
Former World Bank chief says Iran economy collapsing into ‘barter system’ amid conflict
Former World Bank President David Malpass predicted Sunday that Iran’s economy could collapse into a “barter system” as the country’s financial crisis worsens amid the conflict with the U.S. and Is…
