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Iran’s economy witnessed a modest recovery in the second half of 2020 following more than two years of economic recession.

April 2021

Years of sanctions and the COVID-19 pandemic have mounted pressures on the Iranian economy.


Iran's economy entered a third year of recession following the triple-shock of sanctions, oil market collapse and Coronavirus.



Saroj Kumar Jha

Regional Director for the Mashreq

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In Depth

Apr 02, 2021

MENA Economic Update — Living with Debt: How Institutions Can Chart a Path to ...

The substantial borrowing that MENA governments incurred to finance health and social protection measures increased government debt. Countries must continue spending on health and income transfers, which will add to already high debt burdens and lead to complicated policy decisions after the pandemic recedes.

Jan 04, 2021

Iran Economic Monitor

The report provides an update on key economic developments and policies over the past six months. It examines these economic developments and policies in a longer-term and global context, and assesses their implications.

Oct 06, 2020

Poverty and Shared Prosperity 2020

The World Bank’s biennial Poverty and Shared Prosperity report finds that the rate of extreme poverty in the MENA region rose from 3.8% in 2015 to 7.2% in 2018 — the latest year for which data is available.

Jul 15, 2020

Building for Peace: Reconstruction for Security, Sustainable Peace, and ...

The World Bank and the German Development Cooperation have joined efforts to take a fresh look at reconstruction, development, and the transition to sustainable peace in the Middle East and North Africa (MENA) region and beyond.

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Zeina El Khalil
+ 961 1 963438