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Economy min: Iran's economy improved remarkably post-JCPOA

Feb 15, 2017, 7:35 AM
News ID: 10689
Economy min: Iran's economy improved remarkably post-JCPOA

EghtesadOnline: Economy Minister Ali Tayyebnia said on Tuesday that Iran’s economy has improved significantly since the signing of Iran nuclear deal – known as JCPOA – in July 2015 between Iran and the six world powers.

Speaking to reporters, Tayyebnia referred to the visits to Tehran by the officials from different countries following Iran deal, saying Iran will never witness the same restrictions it faced in the past. 

Iran’s inflation rate used to stand at 40% when the government of President Hassan Rouhani came to power in 2013 and therefore fighting inflation has topped agenda of the government ever since, IRNA cited Tayyebnia as saying. 

It was a significant achievement by the government to reach single-digit inflation rate, the minister added. 

He also hailed government’s achievement in reaching a 7.4 economic growth, saying it translates into coming out of recession.