IMF: Low price of oil weakens Iran
The Iranian economy is weaker because of low crude oil prices, but sanctions relief could help with recovery beyond 2016, the International Monetary Fund said. in terms of real gross domestic production from 3 percent to between 0.5 percent to -0.5 percent next year, depending in part on when sanctions are lifted, the IMF said. A July nuclear agreement with world powers offers Iran widespread sanctions relief in exchange for commitments to allay concerns about a weapons program. A September report from analysis firm Verisk Maplecroft said ...
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