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Weapons of Mass Destruction (WMD)

Economy min: Iran's economy improved remarkably post-JCPOA

IRNA - Islamic Republic News Agency

Bandar Abbas, Hormuzgan prov, Feb 14, IRNA -- Economy Minister Ali Tayyebnia said on Tuesday that Iran's economy has improved significantly since the signing of Iran nuclear deal – known as JCPOA – in July 2015 between Iran and the six world powers.

Speaking to reporters, Tayyebnia referred to the visits to Tehran by the officials from different countries following Iran deal, saying Iran will never witness the same restrictions it faced in the past.

Iran's inflation rate used to stand at 40% when the government of President Hassan Rouhani came to power in 2013 and therefore fighting inflation has topped agenda of the government ever since, Tayyebnia said.

It was a significant achievement by the government to reach single-digit inflation rate, the minister added.

He also hailed government's achievement in reaching a 7.4 economic growth, saying it translates into coming out of recession.

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