The International Monetary Fund (IMF) says Iran’s economy shrank by 1.9 percent in 2012 and is expected to contract by 1.3 percent this year as it reels from the impact of Western sanctions. The IMF says in its annual “World Economic Outlook” released on April 16 that Iran’s economy is forecast to grow next […]
Tag: IMF
IMF chief warns of sudden rise in oil prices
The head of the International Monetary Fund warned yesterday that the disruption of Iranian oil exports could drive up oil prices by 30 percent.
BERMAN: IMF betrays West with mullahs’ malarky
The Washington Post – Fund’s latest study paints a senselessly bullish picture of Iran’s economic health.