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Can Iran weather the financial storm?

Byindianadmin

May 16, 2020 #economic, #storm
Can Iran weather the financial storm?

Iran, the hardest hit nation by the coronavirus( COVID-19) pandemic in West Asia, is having a hard time to cope with several difficulties at the very same time— from the debilitating U.S. sanctions and a collapsing economy to falling oil prices and a serious public health crisis.

Sanctions and pandemic: On America’s Iran policy

The pandemic crisis “is adding to the existing concerns on the nation’s economy, which last year saw the GDP shrink by 7.6%as U.S. sanctions cut into its unrefined exports and trade,” stated Naysan Rafati, Elder Iran Analyst at the International Crisis Group.

US announces new sanctions on Individual retirement account

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