Iran’s president says his country needs more than $100 billion in foreign investment

In this photo released by the Iranian Presidency Office, President Masoud Pezeshkian speaks in a live televised interview by state TV, at his office in Tehran, Iran, Saturday, Aug. 31, 2024. Iran’s president said Saturday his country needs some $100 billion in foreign investment to achieve an annual target of 8% economic growth up from the current rate of 4%., who was elected in July, came in his first live televised interview by state TV.

Hundreds of entities and people in Iran — from the central bank and government officials to drone producers and money exchangers — are already under international sanctions, many of them accused of materially supporting Iran’s Revolutionary Guard and foreign militant groups such as Hamas, Hezbollah and the Houthis.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Iran’s president says his country needs more than $100 billion in foreign investmentIran’s president has said his country needs about $100 billion in foreign investment to achieve an annual target of 8% economic growth. The remarks by Masoud Pezeshkian, who was elected in July, came in his first live televised interview by state TV. Experts say growth in GDP of 8% would reduce double-digit inflation and unemployment rates.
Source: AP - 🏆 728. / 51 Read more »