The World Bank emphasized in its report that the flow of foreign direct investment (FDI) in Iran had declined for the third consecutive year in 2015 to $2 billion. Nevertheless, it added that the lifting of sanctions was expected to provide an impetus for a rebound.<\/p>\n

Iran saw a series of US-led economic sanctions lifted in January last year after a nuclear deal it had reached with world powers came into effect.<\/p>\n

The deal that had been made with the five permanent members of the Security Council plus Germany \u2013 the so-called P5+1 \u2013 allowed the removal of sanctions against Iran in return for certain steps by the country to restrict some aspects of its nuclear energy activities.<\/p>\n

The sanctions prevented Iran from exporting oil beyond a ceiling of around 1 million barrels per day, banned investments in its oil industry, and limited its overseas trade among other restrictions internationally described as the toughest ever imposed against a country.<\/p>\n

Iran has over the past few years made significant efforts to boost its economy through different measures.<\/p>\n

The country\u2019s government spokesman Mohammad-Baqer Nobakht told reporters on Sunday that Iran had attracted around $11 billion in foreign investments since the removal of sanctions.<\/p>\n","protected":false},"excerpt":{"rendered":"

The World Bank says Iran\u2019s foreign debts rose slightly in 2015 but were still significantly lower than 2011 when the country faced a series of US-led sanctions. A report by the World Bank titled \u201cInternational Debt Statistics 2017\u201d showed that Iran\u2019s debts for 2015 stood at $6.32 billion. The figure was slightly higher than 2014…<\/p>\n","protected":false},"author":1,"featured_media":7594,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[70],"tags":[1018,3,117,1017],"_links":{"self":[{"href":"https:\/\/iranthisway.com\/wp-json\/wp\/v2\/posts\/7593"}],"collection":[{"href":"https:\/\/iranthisway.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iranthisway.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iranthisway.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/iranthisway.com\/wp-json\/wp\/v2\/comments?post=7593"}],"version-history":[{"count":0,"href":"https:\/\/iranthisway.com\/wp-json\/wp\/v2\/posts\/7593\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/iranthisway.com\/wp-json\/wp\/v2\/media\/7594"}],"wp:attachment":[{"href":"https:\/\/iranthisway.com\/wp-json\/wp\/v2\/media?parent=7593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iranthisway.com\/wp-json\/wp\/v2\/categories?post=7593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iranthisway.com\/wp-json\/wp\/v2\/tags?post=7593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}