The World Bank (WB), in its latest report, predicted that Iran’s economy will grow 3.2 percent in 2024 and the inflation rate will decrease to 35 percent.

The World Bank says Iran’s economy has continued to grow for the fourth consecutive year, highlighting the success of the Iranian administration in curbing inflation and stabilizing the currency market.

Iran’s economy grew by 7.1% year on year in the quarter to late September 2022, says the economic spokesman of the Iranian administration.