Iranian Economists criticise Ahmadinejad

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Tehran: Iranian newspapers are reporting that 60 economists criticised President Mahmoud Ahmadinejad over his economic policies.

In a letter published on Sunday, the economists complain that the government's "tension-making interaction with outside world" has deprived Iran from foreign investments.

The economists also criticise Ahmadinejad for Iran's 30 percent inflation rate.

The letter is the third one from economists to Ahmadinejad. The President never formally answered the others in 2006 and 2007.

Some say Ahmadinejad's efforts to inject liquidity into the economy to create jobs led to higher inflation.

About 80 percent of Iran's foreign revenue comes from oil exports amid a fall in oil prices due to a worsening global economy.





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