World Bank

Iran private sector critical of World Bank’s Doing Business report

Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has criticized the World Bank for its way of examining the country’s efforts to carry out economic reforms saying that the group has accepted only one item out of eight reform measures verified by the chamber and its local branches.

Iran Chamber

World Banks forecasts positive growth for Iran’s economy in 2021

The World Bank expects Iran’s economy to bounce back to growth in 2021 with 2.1% in GDP expansion after having experienced an estimated 5.3% contraction this year.

Macro Economy

Iran asks for World Bank loan to boost coronavirus fight

Iran says it has applied for a $50 million loan from the World Bank to help its health sector cope with the new coronavirus pandemic.

Macro Economy

World Bank reports major drop in Iran’s debts

The World Bank says Iran’s foreign debts rose slightly in 2015 but were still significantly lower than 2011 when the country faced a series of US-led sanctions.

Macro Economy