Iran: Economy gets election boost
Issue 1011
- 04 Mar 2016
| 1 minute read
The Iranian economy should grow by more than 5%/yr over the next few years, helped by the enhanced position of reformers in parliament, following the 26 February Majles-e Showra-ye Eslami (Islamic Consultative Assembly or parliament) and Majles-e Khobregan (Assembly of Experts) elections (see GSN view). Many analysts adopted the line taken by London-based research house Capital Economics, which said the results should reassure potential international investors and ease fears that hardliners could undermine the nuclear deal, thereby triggering a re-imposition of sanctions.
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