Agence France-PresseDecember 8, 2013 14:49
Iran's President Hassan Rouhani on Sunday unveiled a draft annual budget predicting economic growth of three percent, amid hopes for a lifting of international sanctions, media reported.
"The government seriously intends to reduce inflation. God willing, inflation next year will be cut," Rouhani told parliament after presenting his planned budget, state news agency IRNA reported.
Rampant inflation in sanctions-battered Iran is officially estimated at nearly 40 percent, while some experts believe it may even be higher.