Domestic Economy

Five Major Challenges Facing Iran’s Economy

The new government should know that Iran’s economy is facing five major challenges which, if neglected, will bring the country’s development to a standstill
Five Major Challenges Facing Iran’s Economy
Five Major Challenges Facing Iran’s Economy

As the seven certified candidates are heading for the June 18 presidential election, Masoud Khansari, the head of Tehran Chamber of Commerce, Industries, Mines and Agriculture, draws their attention to the main challenges facing Iran’s economy.
“When it comes to economy, everything is reduced to livelihood; this is while the livelihood crises arise from underlying macroeconomic factors,” he was quoted as saying by the Persian economic daily Donya-e-Eqtesad.
Khansari believes that the next president must have a precise understanding of inflation and its dynamics, causes of capital flight, negative investment growth, reasons behind brain drain, necessity of reforming budget structure, banking problems, insurance, customs and social security reform, the complex system of sanctions and the real potential of Iran's economy.


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