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Iran economy on the rise

The International Monetary Fund's latest World Economic Outlook forecasts that Iran's economy will experience positive growth in 2022 for the third year in a row in spite of tough sanctions imposed by the United States against Iran and the impact of the global coronavirus pandemic.

The IMF also anticipated that Iran's inflation rate and balance of its current accounts will improve in the current year. The international body had put Iran’s inflation rate in 2021 at 40.1 percent, adding that not only Iran’s inflation rate will not increase in the current year as compared to a year earlier, but also it will hit 40 percent in general, showing a bit of improvement.

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