Iranian economy is projected to grow by 2.1 percent in the current fiscal year (March 2021-March 2022) as the domestic markets are getting back on track and the negative impacts of the coronavirus pandemic begin to wane, according to the World Bank’s Macro Poverty Outlook (MPO) report for spring 2021.
Iranian economy is projected to grow by 2.1 percent in 2021 as booming domestic production outweighs the negative impacts of the coronavirus pandemic, according to the World Bank’s Global Economic Prospects (GEP) report released on June 8.
he Governor of Iran’s Central Bank (CBI) Abdolnaser Hemmati called on the International Monetary Fund (IMF) and the World Bank (WB) to act fairly with G24 countries.
World Bank would consider progress made by Iran in carrying out economic reforms in its 2021 version of Doing Business.
The World Bank said it has asked its board of directors to approve $12 billion to help poor countries purchase and distribute eventual vaccines against COVID-19.
For years Iran was of the view that the World Bank adopted a politicized approach in issuing its closely watched annual ranking of countries’ business and investment climates.
TEHRAN (Iran News) – US President Donald Trump on Friday called for the World Bank to stop giving loan to China, one day after the institution adopted a lending plan to Beijing over Washington’s objections. The World Bank on Thursday adopted a plan to aid China with $1 billion to $1.5 billion in low-interest loans […]
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. […]