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MRC: Investment Climate Dips

MRC: Investment Climate Dips MRC: Investment Climate Dips

Security of investment and business in Iran was slightly lower last autumn (Sep. 22-Dec.21, 2019) compared to the summer season, according to a seasonal study by the Majlis Research Center, the research arm of the Iran’s parliament. 
Combining hard data released by official sources and the results of surveys of 3,801 business owner across the country, the center has presented the outcome of the study as an investment security index. 
The index stood at 6.12 points in autumn out of 10 (10 being the riskiest), compared with 6.07 reported last summer. 
The slight decline in business security shows that key factors contributing to a secure business environment were took a turn for the worse last autumn. 
MRC attributes the downgrade mostly to the government decision to raise gasoline prices by 200% in mid-November 2019 without prior notice. The controversial decision sparked a wave of social unrest and violence.  

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