Iranian economy

IMF reverses Iran growth, lifts Saudi forecast

IMF reverses Iran growth, lifts Saudi forecast

  • Iran's oil-dependent economy is expected to shrink by 1.5 percent this year and by 3.6 percent in 2019
  • Saudi economy is expected to grow by 2.2 percent in 2018 and 2.4 percent next year
By AFP ·

Iran faces ‘economic disaster’ as currency plunges to new low

Iran faces ‘economic disaster’ as currency plunges to new low

By Sean Cronin - BEN FLANAGAN ·