UK economic consultant upbeat about Iran post-sanctions

London

IRAN'S economy is projected for steady growth after the lifting of international sanctions, despite the oil price slump and international worries about the regime's poor human rights record and its foreign policy in the Middle East, UK economic consultant CEBR (Centre for Economics and Business Research) said.

Following a visit to Iran, CEBR economist Danae Kyriakopoulou contends that after two years of deep recession in 2012 and 2013, and a slight improvement in 2014, Iran's growth will "gradually stabilise around the 2.5 per cent mark" between 2016 and 2020.