The investigation of Iran's Foreign Indebtedness in the Era of Mozaffaradin Shah

The studies carried out on Iran`s economic condition in Naseraddin Shah`s era show that the King and Statesmen could not save the country from financial crisis and fund shortage not using practical and scientific strategies. Consequently, in order to finance the required money, they petitioned for foreign loans. After Naseraddin Shah`s assassination, Mozaffaradin Shah came to power and this catastrophic heritage put the old king into trouble. The inability in increasing income through proper management and short return financial resources and not allowing knowledgeable statesmen to do financial reforms rose foreign indebtedness as Iran`s socio- economic and political conditions in Mozaffaradin Shah`s era were more critical than before. The purpose of this study is to analyze Iran`s foreign indebtedness in this era and its effect on the country. The study shows that Mozaffaadin Shah and his Statesmen run the country more poorly than the previous ones. Engaged in England`s tricks, nation`s protest and elite and journalists` criticism, they borrowed variously from Russia and England to spend on unnecessary allocations. Accordingly, a very poor and endangered country was given to Mashrote.