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Iranian President Masoud Pezeshkian speaks in a live televised interview by state TV, at his office in Tehran, Iran, August 31, 2024
IRAN’S president said on Saturday that his country needs the equivalent of £76 billion in foreign investment to achieve an annual target of 8 per cent economic growth, up from the current rate of 4 per cent.
The remarks by Masoud Pezeshkian, who was elected in July, came in his first live televised interview by state TV.
President Pezeshkian said that Iran needs up to £190bn to reach its goal but more than half is available from domestic resources. Experts say growth in GDP of 8 per cent would reduce double-digit inflation and unemployment rates.
With attacks on industry, healthcare and education intensifying, JAMSHID AHMADI warns of a deliberate drive to cripple Iran and calls for urgent global action
Trump threatens war and punitive tariffs to recapture Iranian resources – just as in 1953, when the CIA overthrew Mossadegh and US corporations immediately seized 40% of the oil, says SEVIM DAGDELEN
MOHAMMAD OMIDVAR, a senior figure in the Tudeh Party of Iran, tells the Morning Star that mass protests are rooted in poverty, corruption and neoliberal rule and warns against monarchist revival and US-engineered regime change
