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December 24, 2015       Share:    

Source: http://www.washingtoninstitute.org/policy-analysis/view/sanctions-relief-is-not-the-key-to-irans-economy

Sanctions Relief Is Not the Key to Iran's Economy

(Washington Institute for Near East Policy) Patrick Clawson - A Dec. 21 International Monetary Fund (IMF) report documents the many challenges facing Iran's economy even if sanctions relief arrives soon. The IMF forecasts that in 2015/16, Iran's GDP will remain largely unchanged, while consumer prices and unemployment will increase Former president Mahmoud Ahmadinejad's administration was rightly savaged for its mismanagement, yet the Rouhani team does not appear to be running a tighter ship. The Iranians' problems in the economic sphere are overwhelmingly their own doing, not a result of any actions the West does or does not take. The writer is director of research at The Washington Institute.

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