27 Dec 2024
Monday 29 August 2016 - 14:27
Story Code : 229105

Min.: Iran least affected by oil price fall

TEHRAN, Aug 29 (Shana) Minister of Economy and Finance Ali Tayebnia says Iran was affected the least from oil price decline.

"Based on the newly released statistics of the International Monetary Fund (IMF), Iran was the least sufferer from oil price fall and that means that Iran has lowered its vulnerability of overseas shocks in economic domain," said Tayebnia.

He said over the past three years, Iranian economic experienced tranquility and in the first three months of this year, inflation rate stood at 2.2 percent.

By SHANA
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