The World Bank (WB) and the International Monetary Fund (IMF) released new reports, saying Iran’s GDP growth is worse than what they had predicted in their last forecasts.

The World Bank says Iran’s GDP would shrink 3.8% in 2019 and IMF predicts even a worse forecast; 6% contraction.

World Bank’s new forecast is 0.2% less than its latest report, published in January and 7.9% less than its June 2018 forecast.

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