With Washington keeping its hold on the sanctions noose, the president of oil-rich Iran said foreign investors were moving into its economy. Iranian President Hassan Rouhani unveiled a draft budget plan that includes special credits for employment and billions of new dollars for construction. The president said that, since sanctions pressures eased in Iran in response to a multilateral nuclear deal, Iran was spared some of the economic shortfalls experienced by its oil-producing peers. “Iran for the first time in its history not only withdrew nothing from its emergency reserve funds but also deposited 20 percent of its petrodollars into its National Development Fund over the past two years,” he said in an address. Iran is one of the main producers in the […]