Iran’s economy is facing 13 monumental challenges that have built up over the past decades, after it emerged from the shadows of oil revenues when the US reimposed sanctions on the country, Vahid Shaqaqi-Shahri, a university professor and economist, says.
“To fix any problem, we must first understand it. However, these major problems in our economy are being compounded rather than being resolved,” he was quoted as saying by the news website Fararu.
Shaqaqi-Shahri’s views have been summed up as follows:
Iran’s defective banking system is the first of these big challenges.
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