From The Economist:
Key indicators 2006 2007 2008 2009 2010 2011
Real GDP growth (%) 4.3 4.3 4.0 3.7 3.5 3.4
Consumer price inflation (av; %) 12.0 17.0 15.5 15.0 15.0 14.8
Official net budget balance (% of GDP) -7.6 -9.7 -10.3 -10.3 -9.9 -9.3
Unofficial gross budget balance (% of GDP) 8.6 5.1 1.9 -1.2 -3.4 -3.9
Current-account balance (% of GDP) 8.1 7.8 5.6 2.7 0.1 -0.6
Commercial banks' lending rate 14.0 12.0 11.5 11.0 11.0 11.0
Exchange rate IR:US$ (av) 9,227 9,527 9,805 10,508 11,321 12,167
The government has also made a hash of monetary policy. Mr Ahmadinejad has called for a cut in interest rates to 12%. Lending rates are capped at 14% for state banks and 17% for private banks. The money and credit council, which is meant to set rates, said in April that they should not be cut this year because of high inflation and the risk of hurting private banks.
Long-term cuts are meant to help create jobs by encouraging investment in business. But with high inflation and the threat of more UN sanctions hanging over Iran's economy, most borrowers are likely to pump cash into the booming property market instead. Even if Mr Ahmadinejad decides not to insist on the cut, his intervention has further worried businessmen who think his indifference to the plight of private banks shows he is hostile to private enterprise as a whole. This week, in an unusually bold move, 50 economists castigated the president for what they deemed to be his dismal economic policies.

Click to view image: '89744-88315416_5f6949c433.jpg'
By: Hanzmaster
In: Iran, Middle East
Tags: iran, demise, economy
Marked as: approved
Views: 8456 | Comments: 15 | Votes: 0 | Favorites: 1 | Shared: 0 | Updates: 0 | Times used in channels: 1
Advertisement below
|
|
| Liveleak on Facebook | |
|
LIKE Liveleak.com |
-
Iran Slashes Oil Transactions in Dollars
-
Iran officials: U.S., Israel wouldn't dare attempt a military strike
-
Washington 'rejects Iran uranium swap offer'
-
Profiting From Iran, and the U.S.
-
Iranian conservative attacks Ahmadinejad on economy
-
Iran: Sanctions continue to batter the economy
-
Still preparing to attack Iran
-
As the enrichment machines spin on (Iran's nuclear program)---How America's own intelligence servi
-
Israel’s Insane War on Iran Must Be Prevented.
-
Iran pulls assets out of Europe banks
-
Iran could cope with oil as low as $5 - Ahmadinejad







What's the regime policy to end their problems: WAR!!! You'll hear nothing from them except provocation until it finally happens. That's a promise. Just watch. This is exactly why I believe US invasion or attack is completely out of the question. Ahmgonnablowawad will eventually be forced out by his own people. And since he's a dictator the fallout will be from within.
Posted Sep-2-2007 ByHanzmaster (92.06) Hanzmaster View Channel Send Message
(0)
Where's PressTV now?
Posted Sep-2-2007 Byasscakes (94.68) 
asscakes View Channel Send Message
(0)
Posted Sep-2-2007 ByWayUpNorth (766.68) WayUpNorth View Channel Send Message
(0)
Posted Sep-2-2007 ByHanzmaster (92.06) Hanzmaster View Channel Send Message
(0)
they didnt have much to do to that picture
Posted Sep-2-2007 Byfat belly (803.16) 
fat belly View Channel Send Message
(0)
Ahmadinejad is a puppet in my opinion to the mullahs..
Posted Sep-2-2007 Byrecoprocity (29.30) 
recoprocity View Channel Send Message
(0)
their economy is getting flushed!
Posted Sep-2-2007 Bykentpaul (17.26) kentpaul View Channel Send Message
(0)
Iran and America are strangely similar...a chimp for the top job and a shitty economy!
Posted Sep-2-2007 ByPutzwithNutz (1182.92) PutzwithNutz View Channel Send Message
(0)
Posted Sep-2-2007 ByPoster101 (908.42) 
Poster101 View Channel Send Message
(0)
Posted Sep-2-2007 Byasscakes (94.68) 
asscakes View Channel Send Message
(0)
Posted Sep-2-2007 ByPoster101 (908.42) 
Poster101 View Channel Send Message
(0)
Posted Sep-3-2007 ByPutzwithNutz (1182.92) PutzwithNutz View Channel Send Message
(0)
LMFAO!! Classic picture!!
Posted Sep-3-2007 Bysvxvortex (11.10) svxvortex View Channel Send Message
(0)
^ Yea, its him all over lol.
Posted Sep-3-2007 Bymhr_shadow (28.06) 
mhr_shadow View Channel Send Message
(0)