Iran Economic Monitor, Fall 2020 : Weathering the Triple-Shock
The Iranian economy entered a third consecutive year of recession following the triple-shock of sanctions, oil market collapse and Coronavirus (COVID-19). High inflation placed additional economic stress on lower income households following a sharp...
Main Author: | |
---|---|
Format: | Report |
Language: | English |
Published: |
World Bank, Washington, DC
2021
|
Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/287811608721990695/Iran-Economic-Monitor-Weathering-the-Triple-Shock http://hdl.handle.net/10986/34973 |
Summary: | The Iranian economy entered a third
consecutive year of recession following the triple-shock of
sanctions, oil market collapse and Coronavirus (COVID-19).
High inflation placed additional economic stress on lower
income households following a sharp depreciation of the
currency. As Coronavirus (COVID-19) cases surged, stricter
measures were enforced in Fall 2020 and new social transfers
were announced. This Iran Economic Monitor (IEM) provides an
update on key economic developments and policies. It
examines these economic developments and policies in a
longer-term and global context, and assesses their
implications for the outlook for the country. Its coverage
has ranged from the macroeconomy to financial markets to
indicators of human welfare and development. The Special
Focus chapter of this report presents recent poverty figures
and assesses the welfare and poverty impacts of the
Coronavirus (COVID-19) pandemic in Iran. |
---|