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Iran’s economical and financial problems

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Iran’s economical and financial problems

Kazem Jalali, head of the Iranian parliament’s center of researches, announced Iran’s economic growth from March 2012 to March 2013 as -3.5%.
“After a new government came into power, the country’s Statistics Center announced economic growth for the period of March 2013 to March 2014 as 5.4%, while the Central Bank announced it as 5.8%,” he said.
On the other hand, Iranian MP Mohammad Reza Khan Mohammadi in his speech in the parliament referred to the high level of administrative corruption in the regime and also expressed his concerns on next year’s budget deficit.
“Considering the status of next year’s budget, we predict that next year we will see a 190 trillion rial budget deficit,” Mohammadi said. This figure is equal to about $7.8 billion.