Tuesday 22 December 2015

Iran growth hovering near zero as IMF says economy stuck in stagflation | The National

Iran growth hovering near zero as IMF says economy stuck in stagflation | The National:

"The end of sanctions cannot come soon enough for an Iranian economy crippled by trade restrictions and the low oil price.

Growth in Iran this year is set to hover somewhere between 0.5 per cent and -0.5 per cent, the IMF said.

When population growth is included, that means per capita growth is negative, and living standards are falling."



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