The World Bank (WB), in its latest report, predicted that Iran’s economy will grow 3.2 percent in 2024 and the inflation rate will decrease to 35 percent.
TEHRAN (FNA)- Iran announced on Sunday that it will send a letter to the World Bank to protest at its decision to place Irans loans in a nonperforming status and suspend paying new loans to the country.
"The government of the Islamic Republic of Iran, as a shareholder of the World Bank, will send its official protest letter to the WB's president,...
(Reuters) -Iranhas not paid back any of its loans to the World Bank for more than six months, the bank said on Thursday, a further sign of the strains on the sanctions-hit Iranian economy.
Faced with a combination of poor fiscal management and Western economic sanctions for its disputed nuclear program, Iran has suffered from spiraling prices and ...