Iran’s Economy to Shrink, Before Ascending in 2020: World Bank

Latest World Bank projections show Iran’s gross domestic product will continue to contract in 2019, before reversing gear in 2020. According to WB’s latest “World Economic Prospects” report published after the New Year, Iran’s GDP is bracing for further contraction in 2019 to reach -3.6% after experiencing an estimated -1.5% in 2018 before stabilizing in […]