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Iran's top negotiator criticizes US Treasury Secretary over spending allegations

James Parker 28.08.2026

Iran's foreign spending defended as strategic necessity

Iranian Parliament Speaker Mohammad Bagher Ghalibaf has strongly rebuked US Treasury Secretary Scott Bessent for claiming Iran wastes vast sums of money abroad while its citizens face hardship. Ghalibaf dismissed the accusations as baseless and politically motivated, emphasizing that Iran's foreign policy spending serves national interests and regional stability. The exchange highlights growing tensions between Tehran and Washington over economic diplomacy and mutual distrust.

Ghalibaf argued that funds allocated to international engagements are not wasteful but essential for safeguarding Iran's sovereignty and countering external pressures. He pointed to diplomatic efforts, support for allied groups, and humanitarian initiatives as legitimate uses of state resources. The speaker insisted that domestic welfare programs remain a priority despite external challenges, rejecting the notion that Iran neglects its population in favor of foreign ventures.

How do sanctions influence Iran's budget priorities?

Western sanctions have severely limited Iran's access to global financial systems, forcing the government to adapt its spending mechanisms. Ghalibaf noted that Tehran continues to fund essential services like healthcare and education through domestic revenue and alternative channels. He maintained that accusations of misallocated funds ignore the constraints imposed by economic restrictions, which complicate transparent budgeting and international scrutiny.

What specific allegations did the US Treasury Secretary make? Scott Bessent accused Iran of spending billions of dollars abroad on activities that do not benefit its citizens, suggesting misplaced priorities amid domestic economic struggles.

Frequently Asked Questions

How did Iran's negotiator respond to the claims? Mohammad Bagher Ghalibaf called the allegations unfounded, stating that Iran's foreign expenditures are strategic and necessary for national defense and regional influence, not wasteful.

What impact do sanctions have on Iran's financial transparency? Sanctions restrict Iran's access to international banking, making it difficult to track and verify overseas transactions, which Tehran argues leads to misleading interpretations of its spending habits.

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