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✉news BusinessEconomy first seen 2 d ago, last 23 h ago, peak #8

Top Iranian official admits economy in dire state

Original: Top Iranian official admits dire state of the economy: Report

A senior Iranian official has acknowledged that Iran's economy is in dire condition, according to a report picked up by several US outlets. The admission is notable given the leadership's usual framing of sanctions and economic pressure, and it comes as Iranians continue to grapple with inflation, a weakening currency and widespread hardship.

Why now: A rare official admission of economic crisis in Iran draws attention amid ongoing sanctions and domestic hardship.

Iran

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