One should not anticipate the country to register a dramatic economic growth next year (starting March 21) even if US sanctions against Iran are lifted, says Feryal Mostofi, a member of Tehran Chamber of Commerce, Industries, Mines and Agriculture, in an article for the Persian economic daily Donya-e-Eqtesad.
A translation of the text follows:
Economic conditions, as we all saw, were unfavorable over the past year. Economic growth was negative in the fiscal 2021-22. Of course, sanctions have rendered economic growth in Iran negative for the past several years. Oil exports have been far less than budgetary expectations.
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