Tuesday
Apr162013
Iran Live: Ahmadinejad "Era of Atomic Bombs Over"
Tuesday, April 16, 2013 at 6:14See also Monday's Iran Live: Meet the Presidential Hopefuls
1957 GMT:Economy Watch The International Monetary Fund reports that Iran's economy contracted by 1.9% in 2012 and predicted it will shrink by 1.3% this year.
The IMF said the Iranian economy will grow in 2014 by 1.1%.
The report declared, "The macroeconomic environment is likely to remain difficult, given the sharp depreciation of the currency and adverse external conditions, which would sustain inflation at relatively high levels."