US sanctions inflicted $1 trillion damage on Iran’s economy
After the US lifts sanctions and rejoins the JCPOA, Iran will expect some form of compensation, foreign minister Zarif says.
Iran’s Economy Under Sanctions
Iran had barely started to reap the economic benefits of its 2015 nuclear deal with world powers when Donald Trump withdrew and imposed sanctions so tight they plunged the country into its worst economic crisis since the 1980s.
Minister Urges security for Investment in Private Sector
The Minister of Economic Affairs and Finance says “We must seek to create security for investment and the private sector in the implementation of communicative policies and laws of the parliament."
Iran’s Economy is independent to US
Iranian Parliament Speaker said that Iranian people's livelihoods should not be tied to the victory or defeat of anyone in the White House.
IMF Predicts Iran Economic Growth to Bounce Next Year
In its latest report, International Monetary Fund (IMF) on Wedesday announced that Iran’s economy will grow by 3.2 percent in 2021.
Iran Petchems Revenues to Hit $34b in 5 Years
Head of Iran's National Petrochemical Company (NPC) in a press conference yesterday said that Iran’s petrochemical production capacity will be increased to 130m tons by 2025 and the revenues of this industry will hit $34b.
Economy getting out of recession: CBI head
Governor of the Central Bank of Iran Abdolnaser Hemmati announced that Iran’s economy is getting out of recession.
Iran economy moves out of recession in 2020: WB says
TEHRAN (Iran News) – In its latest report, World Bank (WB) forecast that Iran’s economy will move out of downturn in 2020. Although Iran’s economy will experience negative growth by the end of 2019 but it [Iran] can experience its first positive economic growth in next year after the recent sanctions imposed against the country. […]