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Yo_Mama_Been_Loggin

(114,487 posts)
Tue Sep 3, 2024, 06:40 PM Sep 3

Iran's president says his country needs more than $100 billion in foreign investment

Iran’s president said Saturday his country needs some $100 billion in foreign investment to achieve an annual target of 8% economic growth up from the current rate of 4%.

The remarks by Masoud Pezeshkian, who was elected in July, came in his first live televised interview by state TV.

Pezeshkian said Iran needs up to $250 billion to reach its goal but more than half is available from domestic resources. Experts say growth in GDP of 8% would reduce double-digit inflation and unemployment rates.

Hundreds of entities and people in Iran — from the central bank and government officials to drone producers and money exchangers — are already under international sanctions, many of them accused of materially supporting Iran’s Revolutionary Guard and foreign militant groups such as Hamas, Hezbollah and the Houthis.

https://apnews.com/article/iran-president-foreign-investment-sanctions-masoud-pezeshkian-395b4418d646816b1eef3053c4360295

Behave yourself and you might. Till then..

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Iran's president says his country needs more than $100 billion in foreign investment (Original Post) Yo_Mama_Been_Loggin Sep 3 OP
Good luck with that. 2naSalit Sep 3 #1
It's a damn shame SCantiGOP Sep 3 #2

SCantiGOP

(14,155 posts)
2. It's a damn shame
Tue Sep 3, 2024, 08:33 PM
Sep 3

Iran, Russia and Cuba could be three of the richest and best countries in the world if it weren’t for where the last century left their political systems.

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