Ali Dini Turkmani predicts 40 percent inflation and negative 2 percent growth in 2019
Serious prediction
Leila Margan: It is difficult to predict Iran’s economic conditions for next year. On the eve of Nowruz, when the markets have a lot of financial turnover, we are facing an unprecedented recession due to the outbreak of coronavirus and no one knows when the end of coronavirus is, so all predictions are made with great caution. The optimistic statistics of the Iranian Statistics Center, which reported a decline in inflation for the first quarter of 2010, became an excuse to go to Ali Dini Turkmani, an economic expert. In an interview with Sharq, he introduced the decline in inflation in the first quarter of each year as a characteristic of the Iranian economy, with the possibility that the Iranian Statistics Center’s forecast was made in February and before the outbreak of coronavirus. He believes that after the Nowruz holidays, price increases are usually expected to be slower in the first quarter of the year. But Dini Turkman predicts an inflation rate of between 35 and 40 percent for the whole of next year. He believes that the economic growth rate in 2019, which was previously set at zero or 1 percent positive, will fall to negative 1 to 2 percent after the coronavirus fever subsides and the effects of the recent US sanctions on non-oil exports appear. According to the economic expert, receiving a loan from the IMF will have a positive impact on the Iranian economy by creating encouragement among the people and will enable the government to pay higher subsidies to the people for two to three months. The full amount of Iran’s request will not be approved due to other requests from other countries.
Click on the link to read the interview:
https://plink.ir/LPfiX
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