Posted 4/16/2024, 4:17:49 AM
Iran Braces for Gloomier Economic Outlook in 2020 Due to Sanctions and Government Inaction
- Iranian economy faces gloomy outlook in coming year due to government inefficiency and US sanctions
- Lawmaker Yahya Ebrahimi warns economy could further deteriorate if government does not take effective action
- Housing costs continue to rise sharply, exacerbating economic crisis
- Former government spokesman Ali Rabei warns of growing poverty, unemployment, and potential for social unrest
- Politicians cite lack of government planning and policy paralysis as factors worsening economic instability
