This naming demonstrates Ali Khamenei’s decision for more control by Iranian regime’s Revolutionary Guards Corps (IRGC) over the country’s economy as well as affairs related to cinema, film, publications and news media.

Ali Khamenei admitted mullahs failure in resolving deep economic crises engulfing his regime.

“The economic epic was not established as much as it was expected and it is necessary to be realized in the new year”, he said.

He also emphasized on the “economy of resistance “, the policy ordered by Khamenei in February to counter international sanctions.

Khamenei’s remarks were part of his annual speech for the Persian New Year, Nowruz. He spoke on Friday in Mashhad, in northeastern Iran.