Iran's Economy - IISS Discussion panel 04/10/2011

Iran's economy faces some major challenges as its economic growth lags behind that of other emerging markets, experts told the IISS. Mark Fitzpatrick, director of the IISS's non-proliferation programme, said that sanctions were a 'major irritant' to the Islamic regime, but not an existential threat. The Foreign and Commonwealth Office's Guy Gantley said compensating those affected by the removal of energy subsidies had greatly increased redistribution to the poorest Iranians but failed to give the economy the expected boost. Iran's economy would grow at around 2% for the next few years, the Economist Intellligence Unit's Ali Al-Saffar judged, but the country was likely to face high inflation and unemployment.

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News & Politics

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• Iran
• Economy
• Ahmadinejad