Iran’s government budget reveals tough road ahead as currency hits new low

Prices of basic items like food are only expected to grow over the coming months as Iranians get poorer.

By Maziar Motamedi

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Tehran, Iran – Iran’s currency has been registering new lows amid ongoing economic turmoil that is also reflected in a planned budget for next year that effectively shrinks public spending.

Iran’s government budget reveals tough road ahead as currency hits new low

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