🔹Shasta's hosting of parties and celebrations during the peak of economic pressure raises serious questions about management priorities.
🔸As the Iranian economy faces the simultaneous pressures of rampant inflation, a livelihood crisis, and a tense political-security atmosphere, news of new expenditures by the Social Security Investment Company (Shasta) presents serious questions to public opinion.
Costly Celebrations in Difficult Conditions
🔸According to information received by Fidus, Shasta is preparing to hold an evening party for the public relations managers of its subsidiary companies and has also scheduled a celebration for the fortieth anniversary of this large holding for Tuesday. These decisions come at a time when millions of workers and retirees, who effectively manage Shasta with their capital and savings, are struggling with increasing livelihood difficulties, reduced purchasing power, and concerns about the future of pension funds.
Managers' Disconnect from People's Realities
🔸As the economic and investment arm of the Social Security Organization, Shasta plays a key role in preserving and increasing the intergenerational assets of workers. Therefore, any unnecessary, ceremonial, and ostentatious spending, especially during critical periods, is not only questionable but also indicative of a deep disconnect between managers and the realities of the main beneficiaries of this organization.
🔸In such circumstances, should Shasta prioritize costly celebrations and gatherings? Or should it focus on transparency, savings, and the interests of workers and retirees? This is a question that Shasta's managers must inevitably respond to with clear and documented answers.
🔻 More details and a video file on the Fidus channel:
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