Iran Exits Recession With 4% Growth in Six Months, Rouhani Says
The International Monetary Fund expects Iran's economy to expand 1.5 percent in 2014. Photographer: Ali Mohammadi/Bloomberg/ Iran’s economy expanded 4 percent in the six months from March 21, President Hassan Rouhani said today, in a return to growth following two years of recession. In the 16 months since it came to power, the government has also “curtailed inflation from 40 percent down to 17” percent, Rouhani said in a speech in the eastern city of Birjand, according to the Iranian Students News Agency. “Economic revival has begun.” ...
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