Iran would need oil priced at $194.6 a barrel to balance its budget next year, t...
DUBAI - Iran would need oil priced at $194.6 a barrel to balance its budget next year, the International Monetary Fund said.
Hurt by tighter U.S. sanctions, Iran - a key member of the Organization of the Petroleum Exporting Countries - is expected to have a fiscal deficit of 4.5% this year and 5.1% next year, the fund said in a report on Monday.Iran saw its oil revenues surge after a 2015 nuclear pact agreed with six major powers ended a sanctions regime imposed three years earlier over its disputed nuclear program.
Iran’s economy is expected to shrink by 9.5% this year, compared to a prior estimate of a 6% contraction, the IMF has said, but real gross domestic product growth is expected to be flat next year. A drop in the Iranian currency following the reimposition of sanctions has disrupted Iran’s foreign trade and boosted annual inflation, which the IMF forecasts at 35.7% this year and 31% next year.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Iran was informed of IS leader Baghdadi's death - Iranian officials tell ReutersIran was informed by sources in Syria that Islamic State leader Abu Bakr al-Bagh...
Leer más »
Lebanon's government needs to show a 'resolve for the state to function': IMF Middle East directorLebanon's leaders need to win back the confidence of its citizenry not by announcing reforms, but by their actual implementation, the IMF's Middle East and Central Asia director told CNBC.
Leer más »
These 'Golden Girls' Ornaments Are All Your Christmas Tree Needs This YearWho doesn't need Blanche, Sophia, Rose, and Dorothy in prime spots on our tree this year?
Leer más »
Russia's Rosneft-led Arctic oil project to cost 10 trillion roubles: energy ministryA ambitious new Arctic oil project led by Russia's top oil producer Rosneft...
Leer más »