EghtesadOnline: The recession predicted for the last fiscal year (March 2018-19) turned out to be deeper than expected and proved to be worse than what can be blamed on causes of economic contraction.
EghtesadOnline: Iranian economist Hamid Azarmand believes that the gravest concern about the future of Iran’s economy is for the government to question economic reforms.
EghtesadOnline: Iran’s widening budget deficit, resulting mostly from fundamental budgetary issues, has raised concerns that bigger financial problems could emerge in the future for the government that is already facing serious challenges in terms of resources.
EghtesadOnline: The Iranian mining sector has a lot to boast about. With huge untapped reserves, cheap energy and skilled workforce, the industry seems set to be a major driver of the economy.