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October 25, 2018       Share:    

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Tehran Promises Handouts to a Restive Population While the Economy Sags

(Wall Street Journal) Aresu Eqbali and Asa Fitch - The Iranian government is moving to provide financial support to 20 million lower-income people, or about a quarter of the population, as the cost of living in Iran has soared. The International Monetary Fund now expects Iran's economy to shrink by 3.6% next year due to the impact of U.S. sanctions.

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