ّIs the Iran economy on brink of collapse and economic disintegration?

Iran Economy on Brink of Collapse?


Iran Economy on Brink of Collapse

By Staff Writer
The Iranian economy could decline and ultimately collapse specially after the US withdrawal from the 2015 Iran nuclear deal, formally known as the Joint Comprehensive Plan of Action (JCPOA), according to a report by experts from the Congressional Research Service.
The report, titled “U.S. Decision to Cease Implementing the Iran Nuclear Agreement”, said: “There is potential for Iran’s economy to decline to the point where Iran’s leaders decide to accept a renegotiation of the JCPOA along the lines President Trump has insisted upon. Alternatively, severe economic deterioration could prompt Iranian officials to negotiate restrictions on Iran’s missile program, such as a limitation on the ranges of such missiles.”

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