Iran’s parliament has approved a bill to implement a stimulus plan announced by President Hassan Rohani, aimed at reviving the sluggish economy, local news agencies reported on 17 August.
The Iranian economy has been suffering under years of US and EU sanctions, which weakened the national currency, hit state revenues and pushed up living costs that were already soaring after the previous administration began removing energy and food subsidies at the end of 2010. (CONTINUED - 773 WORDS)
