The Islamic Revolutionary Guard Corps (IRGC), and its extraterritorial arm, the Quds Force (IRGC-QF) continue to sponsor and fund terrorism. The fiscal year (starting March 2022) shows a 240% increase in the budget allocated to the IRGC. This is in addition to special funds directly controlled by the Supreme Leader Ali Khamenei, which would help fund terrorism by the IRGC-QF.
The report provides a compelling argument for why the IRGC belongs to the US Foreign Terrorist Organizations (FTO) list and why Tehran persistently demands its exclusion from it. The report is organized into six chapters.