IMF: Growth Prospects for Iran to Decline Over Sanctions

The International Monetary Fund, in its latest World Economic Outlook, predicts Iran’s economy will contract this year and in the following year as a result of the reimposition of US sanctions against the Islamic Republic.

“Prospects for 2018–19 we…

The International Monetary Fund, in its latest World Economic Outlook, predicts Iran's economy will contract this year and in the following year as a result of the reimposition of US sanctions against the Islamic Republic. "Prospects for 2018–19 were marked down sharply for Iran, reflecting the...